40% of Americans think the housing market could crash in 2025 and 35% hope it will crash! I want to hear your opinion about how mortgage rates and housing prices are affecting you.

I am Jodi Bakst, I have been a real estate broker in Durham and Chapel Hill North Carolina going on 28 years.

Not to bore you but, economists think the economy will have a soft landing.

Based on a recent survey from LendingTree, many Americans disagree. Nearly 90 million Americans see a major downturn in the economy as a good thing.

If the housing market does crash, economic professionals think this would be a bad thing because it would cause unemployment to go up, wages to weaken and it would make getting a home loan even harder.

It’s really interesting though. Look at this chart from LendingTree. A lot of people are hoping for a crash. They think a housing market crash will lead to more stability, lower property taxes and make it easier to buy a home.

Right now 30-year mortgages are around 6.8% Some think these rates will come down next year and some think they may not.

Housing price growth is expected to slow in 2025 from 6% to around 3%.

What do you think? How are you being affected by current mortgage rates and house prices? What do you want to see in 2025? Please send me your comments.

Contact Real Estate Expertes to talk about setting up a home buying or selling strategy for 2025. You can email me at [email protected] or click here to schedule a time to talk, https://calendly.com/jodibakst.