Were We Wrong About the Housing Market? (+ 2025 Predictions)

Episode #269 Join the Future of Real Estate Investing with Fundrise: https://www.fundrise.com/bpmarket Episode Show Notes: https://www.biggerpockets.com/podcast... Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... Grab James’ New Book “The House Flipping Framework”: https://store.biggerpockets.com/produ... Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities: https://www.biggerpockets.com/blog/on... Connect with Dave and Our Panel of Expert Guests: Dave Meyer: https://www.biggerpockets.com/users/d... Henry Washington: https://www.biggerpockets.com/users/h... James Dainard: https://www.biggerpockets.com/users/j... Kathy Fettke: https://www.biggerpockets.com/users/k... It’s what you’ve all been waiting for—our 2025 housing market predictions! We’re sharing where we think home prices, interest rates, and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast, painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well! Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions, so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! 00:00 Intro 02:38 Zillow's 2024 Predictions 11:32 Home Prices 14:33 Recession Risk 16:23 Mortgage Rates 17:23 Best Markets to Invest 20:03 2025 Home Price Predictions 23:48 2025 Mortgage Rate Predictions