Analysts predict a potential rise in home sales in 2025, driven by lower mortgage rates.
Photo by Mike Kline (notkalvin)/Getty ImagesNeighboring Tennessee also had one of the nation's highest inbound rates at 62%.
Jon Bilous/ShutterstockWhat to expect in 2025The US housing market has slowly thawed after it froze over as mortgage rates spiked.
The veteran real-estate analyst said mortgage rates will likely stay above 6%, weighing on demand, plus supply is also limited.
AdvertisementThis year's most popular markets will likely be among the winners next year, in Miller's view.
Persons:
Durham —, Charlotte, Mike Kline, It's, Jonathan Miller, Miller Samuel, Miller, Jon Bilous, he's, Freddie Mac Miller
Organizations:
Knoxville, National Association of Realtors, Business, Charlotte, homebuyers, Getty, Neighboring, Yale University, eXp
Locations:
Charlotte, Arkansas, Rhode, ; North Carolina, Washington, Idaho, Maine, Connecticut, Washington , Alaska , Alabama, New Mexico, Mississippi, North Carolina , Kentucky, Tennessee, North Carolina, Winston, Salem, Greensboro, Neighboring Tennessee, Knoxville, Memphis, Lexington, Louisville, New Haven , Connecticut, New York City . New Haven, Texas, Florida, California , Illinois, New York