The Truth About Where Home Prices Are Really Heading

Spoiler: It’s Not a Crash

There’s no shortage of headlines warning of a housing market crash. But before you get swept up in the drama, let’s take a look at what’s actually happening — and what the experts are saying about home prices over the next few years.

What’s Going On With Home Prices Right Now?

In some areas, we’re seeing home prices flatten or dip slightly this year. That’s not a collapse — that’s what happens when inventory rises. When more homes hit the market, prices naturally adjust. But the national story? It’s a lot more stable than the doom-and-gloom headlines would have you believe.

So, What Do the Experts Say?

Over 100 of the top housing market analysts and economists were recently surveyed in the Home Price Expectations Survey from Fannie Mae. The consensus? Home prices are expected to keep rising over the next five years — just not at the wild pace we saw during the pandemic frenzy.

Here’s how the predictions break down:

• Average Forecast: Home prices will rise about 3.3% per year through 2029.

• Optimists: Closer to 5% annual growth.

• Pessimists: Even they expect prices to rise, at 1.3% per year.

Not one group is calling for a crash.

Why This Is Actually a Good Thing

A slower pace of appreciation is a healthier, more sustainable path forward — and good news for both buyers and sellers. Here’s why:

• More moderate price growth helps prevent future instability.

• Low foreclosure rates, strong equity, and responsible lending are helping keep the market steady.

• Even in markets where inventory is rising, a wave of “forced sales” isn’t looming.

Yes, some local markets may stay flat or dip slightly, especially where supply is growing faster than demand. But others may continue to rise above the national average — particularly in areas where housing is still in high demand.

Thinking of Waiting for a Crash? You Might Be Waiting a While.

The idea of timing the market perfectly is tempting — but if you’re waiting for a dramatic price drop, all signs point to a long wait. The foundation of today’s housing market is much stronger than it was in 2008.

So, What Does This Mean for You?

Whether you’re buying your first home, thinking about moving, or just curious about your equity, it’s time to get a clear picture of what’s happening in your zip code — not just on the national news.

📍 Real estate is local. National trends set the tone, but your neighborhood tells the real story.

Let’s Talk About Your Goals

If you’ve been on the fence, I’d love to help you cut through the noise and look at the real data for our area. Whether it’s buying, selling, or just planning ahead — I’m here to help you make confident, informed decisions.