Home Sellers and Buyers: What You Must Know for 2025
The Boston Herald/Nerdwallet, December 3, 2024-Holden Lewis
The year promises a mix of good and harsh news.
The good news: Buyers will have more properties to choose from. Home prices won’t skyrocket. Mortgage rates might drop, to the relief of buyers and some sellers.
The harsh news: Even if mortgage rates fall, they probably won’t decline much. That will restrict affordability for buyers, and some homeowners will keep their homes off the market as long as mortgage rates remain elevated.
Here’s a cheat sheet for buying or selling a home in 2025 (or doing both), along with advice from successful real estate agents.
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