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Should You Buy Now or Wait? A Decision Tree for 2025

In 2025, deciding whether to buy a home or wait involves balancing current affordability with potential future gains or losses, given elevated mortgage rates (around 6.6%), projected home price growth (2.2%), and limited inventory. This guide offers a decision tree focusing on personal financial readiness, down payment ability, local market conditions, length of stay, and avoiding market timing.

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VeroFORECAST Q1 2025

The Q1 2025 VeroFORECAST projects a modest 2.4% national home price appreciation, a slight decrease from the previous quarter, influenced by sustained high mortgage rates and inflation. While a national slowdown is anticipated, significant regional variations persist, with the Northeast and Midwest showing strength and the Sunbelt facing headwinds due to increased inventory and affordability issues

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