HGTV’s Tarek El Moussa predicts US housing market shift, ‘huge opportunity’ for buyers

The American housing market may turn, and some real estate experts believe that 2025 may provide new opportunities for buyers.

“Flipping 101”, Tarek El Moussa, “Fox & Friends”, the host “Flipping 101” Tarek El Mousa in “Fox & Friends”, “I think it is a great opportunity for buyers during 12 to 18 Next month.

“I don’t see an coming accident.”

According to the National Real Estate Mediators (NAR), 2024 had the lowest level of current homes since 1995. However, housing stock increased by 5.1 % in February compared to the previous month and 17 % on an annual basis. Mortgage rates, although they are still high, decreased slightly, as the average fixed rate for 30 years reached 6.65 % in late March.

EL Moussa admitted that while the stock is increasing, the market is still no longer its normal.

“They say it is melt, but if you look historically, we still have less stocks than the regular market,” he said. “The reason … is [be]The majority of people who have a mortgage today cause the rates very low and cannot tolerate, and they cannot qualify to move. So, what happens is that there is nothing available. “

When asked about the influence of the new Trump administration, El Moussa rejected the idea that the political leadership is leading changes.

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“I don’t think that is because of the administration,” he said.

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“I think it depends on the fact that they are [Federal Reserve] Trying to prevent stagnation, but they are also trying to prevent prices [from going] Even because it is already amputated. Therefore, I think what we will see is the type of benefit from the switch up and down as they did during the past two years. “

While home sales are usually slow in winter and captured in the spring and summer, El Moussa predicts a long -term transformation in home ownership trends.

“I see a big change in our future, and this change is that people will be in their homes for a longer period.”

“I think you will see people returning their homes, and they are adding to their homes,” he said.

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He also pointed out that the government is increasingly looking forward to investors to help expand the scope of housing.

Scott Turner, US Housing Minister HUD at the Ministry of Housing and Urban Development, has participated that the Trump administration is looking to use federal lands to increase housing supplies at reasonable prices and reduce the shortage of the market. Turner in partnership with the Minister of Interior Doug Burgum has worked to determine the lands that can be used.