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Between high prices, limited inventory and elevated mortgage rates, it’s been a tough year for the U.S. housing market but some cities are poised for a better 2025, according to a new report.
Virginia Beach-Norfolk-Newport News, Virginia-North Carolina 2025 existing home sale counts year-over-year: 23.4% 2025 existing home median sale price year-over-year: 6.6%
At this rate, the NAR expects more buyers to come to the market, with a projection of 4.5 million existing homes listed in 2025. For comparison, in November, the average 30-year mortgage rate was ...
Ranking third was Virginia Beach-Norfolk-Newport News, Virginia-North Carolina, at 23.4% and 6.6%. ... The Cost To Buy a House in 2025’s Predicted Hottest Housing Market. Show comments ...
The report from Zillow isn’t all bad news for prospective homebuyers. ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business. Elections ...
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Here, in alphabetical order, are NAR's 10 top housing hot spots for 2025. Boston-Cambridge-Newton, Massachusetts-New Hampshire Fall foliage along the banks of the Charles River in Boston.
Charlotte, North Carolina Zillow ranked Charlotte as the No. 7 hottest housing market of 2024. The year before in 2023, it was the hottest market in the entire country.