In this episode of the On The Market podcast, the hosts take a look back at real estate predictions from 2024 to gauge their accuracy and share fresh forecasts for 2025. They evaluate Zillow's predictions, noting that while some were spot on—like the rise in inventory—others missed the mark, such as the expected stabilization of home buying costs. The hosts also reflect on their own 2024 predictions, with Kathy Fettke successfully forecasting a 4% increase in home prices. Looking ahead, they anticipate modest home price growth of around 3-4% for 2025 and expect mortgage rates to stay in the high fives or low sixes. The episode wraps up with insights on promising real estate markets for the coming year, highlighting areas like Dallas-Fort Worth, Tampa/St. Petersburg, and select cities in the Midwest.
