However, another expert told Newsweek the excitement may be premature.
The housing market is likely to come 'roaring back' after the election, a real estate expert shared on Friday, but another expert told Newsweek the excitement may be premature.Ryan Serhant, a real estate broker known on Million Dollar Listing, said buyers and sellers should expect the housing market changes after the election.'Inventory is up. Interest rates are at 20-month lows... People are waiting. They want to see if deals are going to come.
Still, not all finance experts agree that 2025 will be as strong as Serhant is anticipating, especially as interest rates linger at 6.65 percent for a 30-year mortgage.'2025 is poised to be a good year for the housing market, but I think it's premature to say it will start as strong as some are expecting,' Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek.
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