January 20, 2025 - 17:00
Top real-estate analyst Ivy Zelman has provided insights into the future of the U.S. housing market, particularly after 2023, which has been marked as the least affordable year for entry-level homes since 1984. Zelman’s analysis is based on various charts that illustrate key trends and potential shifts in the market.
According to her projections, the ongoing challenges of affordability are expected to influence buyer behavior significantly. With rising interest rates and home prices continuing to outpace wage growth, many potential homeowners may remain sidelined. Zelman emphasizes that this situation could lead to a notable increase in demand for affordable housing options in the coming years.
Additionally, she highlights the potential for a rebound in the market as economic conditions improve and inventory levels stabilize. As the real estate landscape evolves, Zelman’s insights will be crucial for investors and homebuyers looking to navigate the complexities of the market in 2025 and beyond. The outlook suggests a cautious optimism, with a focus on affordability and accessibility at the forefront of future developments.