Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.
Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels.
Zillow expects home-price growth of 2.6% in 2025, which is largely in line with growth from this year. It also projects 4.3 million existing-home sales, with some buyers reversing the post-pandemic trend of buying for more space by choosing smaller homes.