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Homebuyers are taking more risks in an obstacle-filled market

The U.S. housing market remains challenging for prospective buyers as concerns over mortgage rates, home prices and affordability persist in 2025.

With affordability shrinking, buyers are taking more risks to secure homes, according to HomeLight’s 2025 Lender Insights & Predictions survey.

Findings include 71% of loan officers reporting an increase in buyers who are willing to purchase fixer-uppers, explore unconventional financing or accept high mortgage rates despite long-term financial concerns.

Many first-time homebuyers are stretching their finances to the limit. A NerdWallet report with second-quarter 2024 data found that the average monthly housing payment details ⇒

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