Last Updated on January 16, 2025
In a recent report conducted by the National Association of Realtors, a list of 10 metropolitan areas have been identified as hot spots for housing in 2025. Based on important factors like the amount of affordable available inventory, higher income growth for young adults and net migration into specific areas.
Top 10 housing spots for 2025
- Boston-Cambridge-Newton, Massachusetts-New Hampshire
- Charlotte-Concord-Gastonia, North Carolina-South Carolina
- Grand Rapids-Kentwood, Michigan
- Greenville-Anderson, South Carolina
- Hartford-East-Hartford-Middletown, Connecticut
- Indianapolis-Carmel-Anderson, Indiana
- Kansas City, Missouri-Kansas
- Knoxville, Tennessee
- Phoenix-Mesa-Chandler, Arizona
- San Antonio-New Braunfels, Texas
Given the continued home appreciation rates in the Carolinas, and especially in the Charlotte and Greenville MSA, it does not make financial sense to continue to wait for “the right time to buy,” and we predict more would-be buyers will get off the sidelines and enter the real estate market in 2025, especially as interest rates are predicted to hit the low 6’s.
We’ll see increased inventory—the most since 2019—as baby boomers downsize, current homeowners finally make their move and more new construction homes hit the market.
Now that you have a good idea of what’s in store for the real estate market in 2025, if you’re in the market to buy or sell this year, let the experts at Allen Tate be your guide! Thinking about selling? Get a jump start with a free home physical.
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Allen Tate is the Carolinas’ largest real estate company with more than 70 offices and 1,800 Realtors in the Charlotte, Triad, Triangle, High Country, Upstate SC, Highlands/Cashiers and Asheville/Mountain regions. Allen Tate is a partner of Howard Hanna Real Estate, the largest privately held real estate broker in the U.S., with 500 real estate, mortgage, insurance, title, and escrow service offices and 15,000 sales associates and staff across 13 states. For more information, visit www.allentate.com and www.howardhanna.com.
