As we look ahead to 2025, understanding real estate trends is key—especially for homeowners and potential buyers in Portsmouth, NH, and the New Hampshire Seacoast. Whether you’re considering buying or selling, staying informed can help you make confident decisions about your next move. Local real estate experts, Jim Lee and Ann Cummings of RE/MAX Shoreline, are here to share their latest market insights.
1. Mortgage Rates Could See a Small Drop
If you’re considering buying and financing a home in Portsmouth, NH, or the New Hampshire Seacoast, you’ll be happy to hear that mortgage rates are expected to decrease slightly in 2025. According to industry experts like Fannie Mae, the Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR), as inflation eases and unemployment ticks up, the Federal Reserve is expected to lower interest rates.
As a result, mortgage rates may drop—making it a little easier for buyers to secure favorable home loans.
2. More Homes Are Likely to Hit the Market
After a slow few years, 2025 is projected to bring more activity to the housing market. Buyers and sellers who delayed their moves due to high interest rates may finally jump back in. According to the latest forecasts, around 5.4 million homes are expected to sell nationwide next year. This is great news for both buyers looking for more options and sellers who’ve been waiting for the right time to list.
In Portsmouth, NH, and the surrounding New Hampshire Seacoast, this increase in activity could mean more listings and potentially more competition among buyers.
3. Home Prices Will Continue to Rise, But Slowly
With more buyers returning to the market, home prices are expected to rise, though not as sharply as in recent years. The average forecast suggests that home prices will increase by about 2.6% nationwide. While price growth is expected to be more moderate, Portsmouth and the Seacoast area—known for its coastal charm and strong demand—may experience slightly higher appreciation.
What This Means for You
If you’re planning to buy or sell in Portsmouth, NH, or anywhere along the New Hampshire Seacoast, these forecasts are worth considering. Buyers might want to take advantage of slightly lower mortgage rates, while sellers could see strong demand for well-priced homes.
Jim Lee and Ann Cummings at RE/MAX Shoreline are ready to help you navigate the 2025 market. Whether you need advice on selling your home or finding the perfect property, get in touch with Ann and Jim for friendly, expert advice tailored to your needs. As longtime Portsmouth residents, they know the local market inside and out and are ready to help you make your best move in the New Hampshire Seacoast.
