In this podcast, host Dave Meyer takes a deep dive into Redfin's ten predictions for the 2025 real estate market. He shares his thoughts on each prediction, agreeing or disagreeing while backing up his views with insights on supply, demand, and economic trends. Meyer largely supports Redfin's forecast of a 4% rise in home prices, highlighting that consistent demand is outpacing supply. However, he parts ways on the topic of mortgage rates, expecting them to stay in the low sixes instead of creeping up to around 7%, due to changes in bond yields. Additionally, he anticipates a modest uptick in home sales and projects a renter's market in 2025, driven by an increase in available apartments. Overall, the podcast paints a detailed picture of the real estate landscape, suggesting a gradual recovery rather than abrupt changes.
