Understanding the Current Housing Market

What is the forecasted change in home prices according to Zillow between March 2025 and March 2026?

• An increase of 1.7%

• A decline of 1.7%

• No change

• An increase of 3.5%

What was the percentage increase in home prices nationwide from 2019 through the pandemic?

• 30%

• 75%

• 45%

• 60%

Which region is expected to see a significant drop in home prices, according to Zillow?

• West

• Northeast

• South

• Midwest

What is one of the main reasons for the cooling of the housing market?

• Decrease in buyer demand

• Increase in construction costs

• Increase in active listings

• Decrease in mortgage rates

What economic factor is causing nervousness among potential home buyers?

• Rising stock market

• Stable inflation

• Recession fears

• Decreasing unemployment

How might a recession impact home prices nationwide?

• Prices will drop by 5%

• Prices will increase by 10%

• Prices will remain unchanged

• Prices will drop by 20%

What is a potential outcome if the Federal Reserve lowers interest rates?

• Unemployment will decrease

• Housing market will pick back up

• Housing market will slow down

• Mortgage rates will increase

Which city is projected to see a slight increase in home prices?

• Atlantic City

• Dallas

• San Francisco

• Austin

What is a key takeaway about the current state of the housing market?

• It is in a crash

• It is stable

• It is in a full boom

• It is in a transition phase

What should potential buyers focus on in the current market?

• Ignoring local market trends

• Staying informed and patient

• Rushing into bidding wars

• Only considering national headlines