Winter 2024 (2) - Flipbook - Page 21
WHAT TO EXPECT
IN 2025?
of Realtors’ updated commission rules may lead to lower
fees in competitive markets where buyers and sellers have
more negotiating power.
Prediction 5: Climate Risks Will Impact Prices
Climate-related risks will increasingly influence home
values, particularly in disaster-prone areas like coastal
Florida and wildfire-prone California. Rising insurance
premiums and stricter building codes could push prices
down in vulnerable regions while boosting demand in
safer inland locations.
Prediction 6: Revitalization of Urban Centers
Major cities in blue states are expected to see a
resurgence as local governments enact pro-business and
anti-crime policies. California’s push for affordable
housing through accessory dwelling units (ADUs) could
slow the exodus from cities like Los Angeles and San
Francisco, making urban living more appealing again.
Prediction 7: Gen Z Redefines the American Dream
Forget the white picket fence—many Gen Zers are delaying
homeownership or skipping it altogether. Instead, they’re
focusing on financial investments, remote work flexibility,
and renting well into their 30s. Lower-priced homes will
still sell quickly—but primarily to older buyers looking for
affordable downsizing options.
Final Thoughts
While 2025 promises a dynamic and challenging housing
market, opportunities will emerge for those ready to
adapt. Whether you’re buying, selling, or renting, staying
informed and flexible will be the key to navigating what’s
shaping up to be an eventful year in real estate.
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