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Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.
As the average age of homebuyers rises, "many Americans still see the ideal of having a home belongs to them," Realtor.com's Laura Eddy says.
With sales slow, new reports gauge top markets for first time homebuyers and purchaser priorities
Yet, for-sale listings are stagnating as active listings rose for 14th consecutive month in December
Some markets to see sizable bump up in 2025 sales, while others will struggle to overcome affordability challenges
Housing economists weigh predictions against campaign promises