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    August 18, 2023
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HOUSING MARKET FORECAST FOR THE REST OF 2023 What will happen in the housing market for the rest of 2025? Here's what the experts think Some Highlights Want to know what experts say will happen in the rest of 2025? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth Where mortgage rates go for the rest of the year will depend on inflation Based on historical trends, rates are likely to ease as inflation continues to cool Even though low inventory continues to be a challenge, experts project 5 milion nomes will still sell this year. That pace should pick up if rates come down 0.7% Average of Fare Ma Alors Home Prices Home prices will vary by local market. The good news is prices are already appreciating again in many areas and the average of the expert forecasts shows positive price growth Latest Forecasts from Each Entity 3.9% BERKSHIRE HATHAWAY HOME SERVICES COLORADO PROPERTIES MONTROSE $179.000 Deste BOROS TBD Buckhorn Road (Tract 2) 5.62 Acres with fabulous views Don Bailey, 970.209.8257 0.0% NAR Deator.com -0.4% -0.6% MBA DRAGS bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! Mortgage Rates Where mortgage rates go for the rest of the depend on fation base on istoricaltrendsertos ination continues to cool Quarter NAR MBA 202505 660% 6.60% 650% 200906.60% 5:30% 6.30% 5.0 Mortgage Rate Projections Fannie ME Average of All Forecasts Home Sales Welow inventory continues to be challenge in the housing market experts project 5 million nomes will still sell this year That pace should pick up frescome down 2023 Total Home Sales Forecasts in Mons 4.9 BERKSHIRE COLORADO HATHAWAY PROPERTIES CALL US TO LEARN MORE ABOUT OUR ADVANCED MARKETING LISTING SERVICES VICER HELP US. HELP OTHERS SCHOOL SUPPLY DRIVE 9 5.0 BHHSColorado.com (970) 249-4663 Average of A ENDS AUG 30 6.63% 6.27% 5.1 NAR ang 1 Call one of our trusted real estate brokers Trena Unrein, Brian Unrein, Autumn Blamett, Don Bailey, Jeff Kechfuss, Kree Christie, Linda Steil, Makaya Cervon, Michael Scott Dosch, and Donna Justin HOUSING MARKET FORECAST FOR THE REST OF 2023 What will happen in the housing market for the rest of 2025 ? Here's what the experts think Some Highlights Want to know what experts say will happen in the rest of 2025 ? Home prices are already appreciating again in many areas . The average of the expert forecasts shows positive price growth Where mortgage rates go for the rest of the year will depend on inflation Based on historical trends , rates are likely to ease as inflation continues to cool Even though low inventory continues to be a challenge , experts project 5 milion nomes will still sell this year . That pace should pick up if rates come down 0.7 % Average of Fare Ma Alors Home Prices Home prices will vary by local market . The good news is prices are already appreciating again in many areas and the average of the expert forecasts shows positive price growth Latest Forecasts from Each Entity 3.9 % BERKSHIRE HATHAWAY HOME SERVICES COLORADO PROPERTIES MONTROSE $ 179.000 Deste BOROS TBD Buckhorn Road ( Tract 2 ) 5.62 Acres with fabulous views Don Bailey , 970.209.8257 0.0 % NAR Deator.com -0.4 % -0.6 % MBA DRAGS bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! Mortgage Rates Where mortgage rates go for the rest of the depend on fation base on istoricaltrendsertos ination continues to cool Quarter NAR MBA 202505 660 % 6.60 % 650 % 200906.60 % 5 : 30 % 6.30 % 5.0 Mortgage Rate Projections Fannie ME Average of All Forecasts Home Sales Welow inventory continues to be challenge in the housing market experts project 5 million nomes will still sell this year That pace should pick up frescome down 2023 Total Home Sales Forecasts in Mons 4.9 BERKSHIRE COLORADO HATHAWAY PROPERTIES CALL US TO LEARN MORE ABOUT OUR ADVANCED MARKETING LISTING SERVICES VICER HELP US . HELP OTHERS SCHOOL SUPPLY DRIVE 9 5.0 BHHSColorado.com ( 970 ) 249-4663 Average of A ENDS AUG 30 6.63 % 6.27 % 5.1 NAR ang 1 Call one of our trusted real estate brokers Trena Unrein , Brian Unrein , Autumn Blamett , Don Bailey , Jeff Kechfuss , Kree Christie , Linda Steil , Makaya Cervon , Michael Scott Dosch , and Donna Justin