2025 housing market outlook

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U.S. travel demand reaches four-year high as Americans plan to travel more and spend bigger in 2025 link

• Nearly 8 in 10 U.S. adults plan to vacation in the next 12 months, a 7% increase from winter 2023. The average vacation budget has climbed to $5,051, with an expected rise to 4.1 trips per person in 2025.

• Hotel loyalty program memberships increased by 6% and airline memberships by 8%, highlighting growing brand loyalty. Social media influencers now have more sway over travel decisions than celebrities, influencing 51% of travelers compared to 41%.

• International travel interest is at its highest since 2020, with many planning trips between November and April. Off-peak travel remains attractive due to lower costs and smaller crowds.

Pressures on CRE prices continue link

• Commercial real estate prices saw declines in both equally weighted (-2.41%) and value-weighted (-12.57%) indices from their peaks. Multifamily experienced sharper declines in larger transactions, with a value-weighted drop of 16.96% from the peak.

• Office properties showed significant value loss in high-value transactions, with a 22.53% decline since their peak and a 10.27% year-over-year drop. Meanwhile, industrial properties remained the most resilient, declining only 3.09% from their peak.

• Retail faced modest declines across both indices, while lodging values remained volatile, reflecting shifts in consumer confidence and travel behavior. The Federal Reserve's recent interest rate cuts have yet to reflect in pricing data.

Freddie Mac Apartment Index Continues Growth Trend link

• The Freddie Mac Multifamily AIMI rose 5.3% quarter-over-quarter and 9.2% year-over-year nationwide, showing consistent growth. West Coast cities like Oakland and San Francisco saw annual increases of 17.3% and 15.7%, respectively.

• Mortgage rates decreased by 35 basis points in Q3, marking the second-largest quarterly drop in five years. This decline, paired with a slight dip in property prices, created more favorable conditions for multifamily investments.

• Net operating income grew annually in 11 markets but declined in 14 others, highlighting regional variations. Property prices dropped in 17 markets during the quarter, while Boston remained flat.

Attom’s 2025 housing market outlook link

• Mortgage rates, home prices, and foreclosure trends were analyzed, showing historical patterns and projecting moderate price appreciation in 2025. Inventory levels are expected to improve slightly compared to 2024.

• Pending sales prices and median price trends indicate a cautious recovery, with regional differences playing a key role in market behavior. Economic conditions remain a significant factor for sustained growth.

• Data highlights suggest increased property market activity in specific regions, with investor confidence slowly returning. Insights emphasize the importance of hyper-local market understanding for accurate forecasting.

America’s most luxurious ski towns link

• Telluride, CO, tops the list with 38.5% of listings priced over $5 million, followed by Aspen, CO, at 36.9%, and Teton Village, WY, at 33.3%. These towns attract affluent buyers with breathtaking views, world-class skiing, and celebrity appeal.

• Park City, UT, has the highest number of luxury listings, with 1,746 homes and 331 priced above $5 million. It’s also home to the largest ski resort in the U.S., spanning over 7,300 acres.

• Big Sky, MT, and Jackson, WY, continue to draw wealthy buyers with expansive ski terrains and favorable tax benefits. Big Sky features 5,850 acres of terrain, while Jackson’s low property taxes remain a significant draw for investors.

• click on the link to see the rest of the list.

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I mean…

Video about the house

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Vidit

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