Last updated on January 16, 2025
In a recent report by the National Association of Realtors, a list of 10 metropolitan areas were identified as hot spots for housing in 2025. Based on important factors such as the amount of affordable inventory available, higher income growth for adults youth and net migration in specific areas.
Top 10 Housing Locations by 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 rates of home appreciation in the Carolinas, and especially in the Charlotte and Greenville MSA, it does not make financial sense to continue waiting for “the right time to buy,” and we predict that more potential buyers will exit the market. step aside and enter the real estate market in 2025, especially as interest rates are expected to hit the low 6s.
We will see an increase in inventory, the largest since 2019, as baby boomers downsize, current homeowners finally move out, and more new construction homes come to market.
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