New Listing! BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES Back on the Market! CEDAREDGE $375,000 250 NW 5th Street 3 Beds 11Baths 1,446 sq ft. Donna Harville Justin, 970.216.8316 Open House - Saturday, September 7th 11:00 AM - 2:00 PM MONTROSE COTTAGE GROVE $420,000 64340 Orchid Court 3 Beds 2 Baths 1502 sq ft The Unrein Team 970 209.9947&970.595748 MONTROSE-STONE RIDGE $634,900 3707 Ridgeline Drive 3 Beds 2 Baths 1761 sq.ft. Linda Steil 970 417 6082 The Average List Price in Montrose has increased over 15% compared to last year. If you'd like more information about the value of your home, give us a call today. 15% 2025 HOUSING MARKET FORECAST MORTGAGE RATES Forecast To Decrease Slightly HOME SALES Projected to See a Modest Increase HOME PRICES Expected To Rise Moderately EXPECT MORE HOMES TO SELL 2025 HOUSING MARKET FORECASTS: The market will see an increase in both the supply of available WHAT TO EXPECT Looking ahead to 2025, it's important to know what experts are projecting for the housing market. And whether you're thinking of buying or selling a home next year, having a clear picture of what theyre calling for can help you make the best possible decision for your homeownership plans Here's an early look at the most recent projections on mortgage rates home sales, and prices for 2025 MORTGAGE RATES ARE PROJECTED TO COME DOWN SLIGHTLY Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae the Mortgage Bankers Association (MBA) the National Association of Realtors (NAR), and Wets Fargo show an expected gradual decine in mortgage rates over the course of the next year Mortgage rates are projected to come down because continued easing of inflation and a sight rise in unemployment rates are key signs of a strong but sowing economy. And many experts believe these signs will encourage the Federal Reserve to lower the Federal Funds Rate, which tends to lead to lower mortgage rates As Morgan Stanley says With the US Federal Reserve widely expected to begin cutting its benchmark interest rate in 2024, mortgage rates could drop as well-at least slightly" homes on the market and sellers who sarse in demand as more buyers sitting on the sidelines because of higher rates choose to make a move. That's one big reason why experts are projecting an increase in home sales next year While slightly lower mortgage rates are not expected to bring a food of buyers and sellers back to the market, they certainly wil get more people moving. That means more homes available for sale and competition among buyers who want to purchase them HOME PRICES WILL GO UP MODERATELY More buyers ready to jump into the market will put continued upward pressure on prices On average experts forecast rome prices will rise nationally by about 26% next year The predict that home prices will continue to increase moderately next year at sower, more normal rate. But keep in mind proes will always vary by local market BOTTOM LINE Understanding 2025 housing market forecasts can help you plan your next move. Whether you're buying or selling, staying informed about these trends will ensure you make the best decision possible. Let's connect to discuss how these forecasts could impact your plans bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! 11 Offices and over 160 real estate brokers Call one of our trusted real estate brokers: Tren Unrein, Brian Unrein, Autumn Barrett, Don Bailey. Jeff Keehus Kree Christie, Linda Stell, Makaya Cervone, Michael Scott Dosch, Heidi Lutz, Mehdi Sepah and Donna Justin New Listing ! BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES Back on the Market ! CEDAREDGE $ 375,000 250 NW 5th Street 3 Beds 11Baths 1,446 sq ft . Donna Harville Justin , 970.216.8316 Open House - Saturday , September 7th 11:00 AM - 2:00 PM MONTROSE COTTAGE GROVE $ 420,000 64340 Orchid Court 3 Beds 2 Baths 1502 sq ft The Unrein Team 970 209.9947 & 970.595748 MONTROSE - STONE RIDGE $ 634,900 3707 Ridgeline Drive 3 Beds 2 Baths 1761 sq.ft. Linda Steil 970 417 6082 The Average List Price in Montrose has increased over 15 % compared to last year . If you'd like more information about the value of your home , give us a call today . 15 % 2025 HOUSING MARKET FORECAST MORTGAGE RATES Forecast To Decrease Slightly HOME SALES Projected to See a Modest Increase HOME PRICES Expected To Rise Moderately EXPECT MORE HOMES TO SELL 2025 HOUSING MARKET FORECASTS : The market will see an increase in both the supply of available WHAT TO EXPECT Looking ahead to 2025 , it's important to know what experts are projecting for the housing market . And whether you're thinking of buying or selling a home next year , having a clear picture of what theyre calling for can help you make the best possible decision for your homeownership plans Here's an early look at the most recent projections on mortgage rates home sales , and prices for 2025 MORTGAGE RATES ARE PROJECTED TO COME DOWN SLIGHTLY Mortgage rates play a significant role in the housing market . The forecasts for 2025 from Fannie Mae the Mortgage Bankers Association ( MBA ) the National Association of Realtors ( NAR ) , and Wets Fargo show an expected gradual decine in mortgage rates over the course of the next year Mortgage rates are projected to come down because continued easing of inflation and a sight rise in unemployment rates are key signs of a strong but sowing economy . And many experts believe these signs will encourage the Federal Reserve to lower the Federal Funds Rate , which tends to lead to lower mortgage rates As Morgan Stanley says With the US Federal Reserve widely expected to begin cutting its benchmark interest rate in 2024 , mortgage rates could drop as well - at least slightly " homes on the market and sellers who sarse in demand as more buyers sitting on the sidelines because of higher rates choose to make a move . That's one big reason why experts are projecting an increase in home sales next year While slightly lower mortgage rates are not expected to bring a food of buyers and sellers back to the market , they certainly wil get more people moving . That means more homes available for sale and competition among buyers who want to purchase them HOME PRICES WILL GO UP MODERATELY More buyers ready to jump into the market will put continued upward pressure on prices On average experts forecast rome prices will rise nationally by about 26 % next year The predict that home prices will continue to increase moderately next year at sower , more normal rate . But keep in mind proes will always vary by local market BOTTOM LINE Understanding 2025 housing market forecasts can help you plan your next move . Whether you're buying or selling , staying informed about these trends will ensure you make the best decision possible . Let's connect to discuss how these forecasts could impact your plans bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! 11 Offices and over 160 real estate brokers Call one of our trusted real estate brokers : Tren Unrein , Brian Unrein , Autumn Barrett , Don Bailey . Jeff Keehus Kree Christie , Linda Stell , Makaya Cervone , Michael Scott Dosch , Heidi Lutz , Mehdi Sepah and Donna Justin