Higher prices, little mortgage rate relief for homebuyers in 2025

Higher prices, little mortgage rate relief for homebuyers in 2025

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Interactive Video

Business

University

Hard

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The video discusses the current housing crisis, highlighting low turnover rates and challenges faced by families like Scott Holt's in finding affordable homes. Predictions for 2025 indicate rising home prices and stable mortgage rates. Zillow's new tool, Buy Ability, helps buyers navigate listings with real-time rates. Regional markets like Boise and Austin are seeing inventory growth. A balanced market is anticipated by 2025, with potential political impacts on rates.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the anticipated market condition for buyers and sellers in 2025?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors might influence mortgage rates according to the text?

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