Warren Buffett's Berkshire Hathaway makes bold 2025 housing prediction
The billionaire's real estate affiliate details what home buyers can expect in 2025.
After a decade of balance in the housing market, skyrocketing inflation at some level of 2022 precipitated consistent interest charge hikes from the Fed. The frequent 30-yr mounted mortgage charge jumped from 3.2% in January 2022 to over 7% by December 2022.
Home investors in 2023 seen rates consistently above 7%, dwindling housing stock, elevated residence costs, and elevated competitors.
While the housing market seen modest enhancements in 2024, mortgage rates are anticipated to remain above 6% via 2026.
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