Fannie Mae's latest forecast offers some important insights for those planning their next move in real estate. They anticipate mortgage rates will remain elevated through 2027, and by 2030, home prices are expected to rise approximately 14.7%, reaching around $576,000. While there’s always chatter about potential downturns, a major housing crash isn’t on the horizon. For buyers in our Oxford, Lapeer, and Lake Orion markets—and beyond—this means focusing on affordability and being prepared to negotiate, especially when the market shifts in your favor. With over 35 years guiding clients through changing markets, I know that keeping up-to-date and staying flexible can make all the difference in finding the right home or securing the best sale.
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