In the debut episode of RiskWire’s podcast, RiskWire: On the House, Eric Fox, Chief Economist, and Reena Agrawal, Senior Research Economist, provide insights and actionable tips for navigating the housing market in 2025! They talk about the current market and share some personal anecdotes from their own home buying experiences.
Episode Highlights:
- Mortgage rates are close to 7%, however people commonly reminisce about the low mortgage rates in 2021-2022, which were closer to 3-4%.
- In the last 60 years, home prices have only decreased about six times. Also, in those six times, prices only decreased by a relatively insignificant 1-2%.
- It’s common for newly married couples to ask for money instead of traditional wedding gifts.
- Finding side-gigs can be a great way to make a little extra cash on the side, that can eventually be put towards your new home.
- A very common theme seen amongst younger individuals is that they are moving back home with their parents, to save money on rent and utilities. In the past, this was commonly frowned upon but has become increasingly popular over the years.
If you’re a first-time homebuyer navigating the 2025 market, check out the first episode of RiskWire: On the House on our Webcasts and Interviews page.
Also, be sure to subscribe to our Apple Podcast, Spotify Podcast and/or YouTube Podcasts to stay up on the latest insights and news. For economic indexes and valuable real estate housing marketing news, visit RiskWire.com today!
