ReCasa Financial Blog
Here’s to 2025!
Happy 2025! We hope to see more affordable real estate markets for buyers due to lower prices and an increase of homes for sale. The following cities are included in the top 10 metro areas where home values are forecasted to increase the most in 2025 according to Zillow.
· Miami, FL
· Charlotte, NC
· Indianapolis, IN
· Columbus, OH
· Buffalo, NY
· Richmond, VA
· Cincinnati, OH
Of the 10, these 7 are located within the footprint of our 100% purchase and rehab loan program.
According to FairFigure, the average time to rehab a home is 166 days with an average gross profit of $73,500 in 2024. Zillow predicts that there will be sales of 4.3 million existing homes in 2025, compared to 4 million in 2024. In the first six months of 2025, new rental construction is predicted to drop 21% compared to 2024.
According to Redfin, new builds made up 28% of homes for sale in September 2024, which was the lowest in three years. In 2024, “investor purchases slightly increased from 2023, hovering just above 17%.”
As a real estate investor, what are your hopes and predictions for 2025?
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