The US housing market will see more favorable buying conditions in 2025, according to Danielle Hale, chief economist at Realtor.com. Mortgage rates may become less important to buyers and sellersHomebuying decisions can also be influenced by factors other than mortgage rates or home prices, according to Hale. AdvertisementAdditionally, consumers might be getting accustomed to high mortgage rates, according to Redfin. Related storiesA more "buyer-friendly" housing marketThese changes won't be immediate, but they will have a noticeable impact on the housing market, according to Hale. Lower interest rates — and subsequently, lower mortgage rates — would certainly speed up the erosion of the lock-in effect, Hale said.

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Persons: Realtor.com's, Danielle Hale, Hale, Lawrence Yun, Mimi Trieu, Realtor.com Organizations: homebuyers, Homeowners, National Association of Realtors, Buyers Locations: Realtor.com