2025 Real Estate Market Predictions

The National Association of Realtors (NAR) recently unveiled five key predictions during its annual Real Estate Forecast Summit:

• A "Remodeling Supercycle": Aging housing stock and rising homeowner equity could lead to a surge in renovations.

• Challenges for First-Time Buyers: Affordability remains a major hurdle for new buyers trying to enter the market.

• Lower Mortgage Rates: Rates are expected to dip to around 6%, potentially stimulating market activity.

• Regional Hotspots: The South and Midwest are set to see increased real estate demand.

• Policy Uncertainties: President-elect Trump’s tariff policies may drive up construction costs and impact housing starts.

These insights offer valuable guidance for navigating the evolving real estate landscape in the coming year.

In Mesa County

There are currently 600 active homes on the market in Mesa County. This is a 2% decrease compared to a week ago.

The average sold price YTD is $455,180 and the median sold price YTD is $400,000.

Mortgage Rates Today

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