Zillow Com Iowa Listings Shift Buyer Expectations
Some industry analysts believe the u. s. Housing market is poised for a shift in 2025, giving buyers a little more leverage than they have had in 2024. The wildcard, of course, remains the cost. The iowa housing market showed signs of renewed activity in september sparked by anticipated interest rate decreases, while listing inventory continued to climb across the state offering buyers more options heading into the fall. As we look ahead to the iowa housing market forecast for 2025, there are signs pointing towards a shift:
Sellers cut prices at record rates to help bridge the gap to those buyers. In cities, bidding wars drove up competition. In rural areas, demand outpaced inventory. More buyers than ever had to rethink what they wantedand what they could afford. Their analysis indicates listings with more experience attributes increase the sale price of properties. For homes priced above $500,000, the market has shifted firmly into a buyers market. With more than 6 months of inventory available in this price bracket, buyers have more room to negotiate, and homes are taking longer to sell. Sellers may need to make price reductions and adjust their expectations to move their properties.
Zillow Iowa Land at Carmina Cox blog
