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US home prices are forecasted to rise ↑ 2.5% in 2025 despite current near all-time highs. Potential falling mortgage rates could make homeownership more affordable even if prices increase further.

Home design is evolving towards efficiency, incorporating smart technology for improved functionality and time-saving features.English-styled kitchens will influence American homes, promoting timeless elegance with warm, inviting aesthetics.

Evaluate the fixer-upper's potential by considering the location and identifying any hidden structural issues through inspection.Ensure the existing layout and foundation align with your vision, focusing on homes that need mainly cosmetic changes.

As of Late-Q3, 2024, mortgage rates dropped, but homebuying remains highly competitive. The U.S. housing market still faces a 1.5M to 7.2M unit shortage, keeping prices elevated.

Home buyer affordability improved 4.1% by mid-2024, the first annual gain since 2021. Lower mortgage rates and a 3.1% increase in household income drove the affordability improvement. us

Evaluate Cost Savings Determine if refinancing is beneficial by calculating potential monthly savings with a mortgage calculator. Understand Refinancing Fees Recognize various fees involved in refinancing, including origination fees, recording fees, and local taxes

Mortgage Rates to Decrease Slightly Rates may drop as inflation eases and unemployment slightly rises. Home Sales Expected to Increase Both supply and demand are projected to rise, with sales forecasted at 5.4 million homes.