🔍 Summary for Home Buyers, Sellers & Investors
With the Fed keeping short-term rates at 4.25%–4.50%, mortgage rates are expected to stay elevated around 6.7%—though modest dips may continue.
Affordability remains a core issue, dampening buyer activity and limiting new supply as homeowners hold onto low-rate mortgages.
Housing sales and prices may soften, but a sharp downturn is unlikely absent major macro shocks.
Commercial real estate remains cautious—many await a possible rate cut to ease capital access.
Most economists expect the housing market to stay stuck through 2025, with potential improvement in 2026 if inflation steadily recedes and economic data softens.
