R
ealtor Corey Burr shared his insights on the upcoming real estate market in an interview with Fox 5. According to Burr, several factors will shape the industry's trajectory in 2025.

    The ongoing housing shortage is expected to persist, driven by a lack of new construction and limited inventory. This scarcity will continue to drive up prices, particularly in areas with high demand.

    Meanwhile, interest rates are anticipated to remain relatively stable, which should help maintain buyer affordability. However, rising mortgage costs may offset some of the benefits.

    A shift towards more sustainable and energy-efficient homes is also predicted, as consumers increasingly prioritize eco-friendliness and reduced environmental impact. This trend could lead to increased demand for properties with green features and certifications.

    Burr noted that the rental market will continue to experience growth, driven by a shortage of affordable housing options. As a result, renters may face higher prices and longer wait times for available units.

    Overall, Burr's forecast suggests a complex and dynamic real estate landscape in 2025, influenced by factors such as supply and demand, interest rates, and consumer preferences.