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- Will 2025 be a good year to flip Real Estate?
Will 2025 be a good year to flip Real Estate?
It depends on your market.
Words I like: Absolute power corrupts, absolutely.
Pablo’s Perspective:
Springfield, MA, just claimed the title of the hottest housing market in the U.S. for the first time ever! It’s been a top contender since 2021, consistently landing in the top 20. Homes here move fast, with nearly three times the views per listing compared to the national average.
As a flipper in the Springfield Mass market this is great news for me!
What does this mean for you?
The Northeast and Midwest dominate the rankings.
These regions claimed 11 and 9 spots in the top 20, with Rockford, IL (+13.2%), Cleveland, OH (+10.9%), and Lafayette, IN (+30.4%) leading the pack on price growth. In fact, while prices are cooling nationally, these markets saw a 5.0% jump year-over-year.
Why the heat? Even though inventory is growing, these markets still have 57% fewer homes than pre-pandemic levels. Homes are selling three weeks faster than the national average—if you blink, you might miss one.
Mortgage rates as of today 12/27/24
30-Year fixed: 7.145%
15-year fixed: 6.263%
5-year adjustable-rate mortgage (ARM): 7.612%
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Would you like more market break downs like this?
Pablo,