March 7, 2025 - 18:58
Mortgage rates have recently dropped to their lowest levels in 2025, leading to an increase in applications and renewed interest in the housing market. Noble Black, an associate broker, shared insights on the current state of the US real estate landscape during a discussion with Madison Mills. According to Black, there is a strong expectation for the housing market to remain robust over the next 12 to 18 months.
He emphasized that the current activity levels are encouraging, and if mortgage rates continue to decline significantly, an influx of buyers is likely to re-enter the market. This potential surge could further stimulate housing demand, making it an opportune time for both buyers and sellers. Black's analysis reflects a growing optimism among industry experts about the future of real estate, suggesting that favorable financial conditions could lead to a thriving market in the coming months.
