By Arlenys Tabare
Dec 18, 2024, 11:17 AM EST
Although many real estate market analysts predicted that by the end of this year, home prices would give way due to the affordability crisis, skyrocketing mortgage rates, and lack of inventory. Still Real estate costs remain high for the average American household.
This has been one of the reasons why many future buyers have stayed away from the market, waiting for mortgage rates to fall and the price of homes will drop from the average of $400,000 dollars where it is currently.
Taking into account that The outlook this year was not so favorable for either new buyers or homeowners.some real estate specialists recently predicted that certain homes will increase in value next year.
Historic Houses
According to Danny Johnson, real estate professional at We Buy Houses Cash Texas in 2025 and beyond, Historic or unique looking homes will increase in value since there aren’t enough of them and that makes them more attractive.
Sustainable and Ecological Homes
For Christie’s International Real Estate agent, Lindsey Harn, the trend of homes inclined towards sustainability is increasingly taking a position in the market, so next year there will be greater demand increasing its value. “Homes that are carbon neutral, energy conscious, use passive solar and consider the environment will continue to increase,” he said.
For his part, Matt Morgan, a real estate salesperson licensed by IPA Commercial Real Estate, mentioned that “These customizable, energy-efficient properties appeal to first-time homebuyers looking for affordability and sustainability.”
Assisted living facilities
The Federal National Mortgage Association (FNMA), known as Fannie Mae, indicated in a report that about 44% of Senior homeowners have considered selling their properties and moving into assisted living facilities or housing This could start to skyrocket the price between 7% to 12% of these locations due to demand.
Multifamily Units
Finally, Matt Morgan, a licensed real estate salesperson with IPA Commercial Real Estate, highlighted that another of The homes that will increase in value next year are multifamily units “Especially units close to city centers and transportation hubs, have seen high demand from both investors and buyers,” he noted.
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