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Market
What will be the change in U.S. housing market conditions by the end of 2025?
2
Resolution / Starting Odds
Improved • 33%
Worsened • 33%
Unchanged • 34%
Reports from the National Association of Realtors or major news outlets
Story
Trump's Nominee Scott Turner Faces Senate Confirmation for HUD Secretary Amid Housing Affordability Focus
Jan 16, 2025, 03:20 PM
President Donald Trump has nominated Scott Turner to serve as the Secretary of the Department of Housing and Urban Development (HUD). Turner, a former NFL player and Texas state representative, is currently undergoing a Senate confirmation hearing. During the hearing, Turner emphasized the importance of addressing the housing crisis, stating that the challenges faced by HUD are vital to the nation and personal to him. His nomination comes at a time when housing affordability is a pressing issue, with Turner's campaign slogan 'Make Housing Affordable Again' reflecting his focus on this challenge. A fourth-generation Texan from Richardson, Texas, Turner's background in community service and leadership is highlighted as an asset for his potential role at HUD.
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Similar markets
Slightly worsened • 25%
Significantly worsened • 25%
No change • 25%
Improved • 25%
Remain between 150 and 199 • 25%
Other • 25%
Fall below 150 • 25%
Recover to above 200 • 25%
Other • 25%
Increase above 150 • 25%
Remain between 125 and 149 • 25%
Fall below 125 • 25%
Decrease in housing prices • 25%
Increase in housing prices • 25%
Volatile housing prices • 25%
Stable housing prices • 25%
Increase by 0-5% • 25%
Decrease by 0-5% • 25%
Decrease by more than 5% • 25%
Increase by more than 5% • 25%
No • 50%
Yes • 50%
Increased mortgage availability • 25%
Decreased mortgage rates • 25%
Increased mortgage defaults • 25%
No significant change • 25%
Decrease by 0-5% • 25%
Increase by more than 5% • 25%
Increase by 0-5% • 25%
Decrease by more than 5% • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Significant Recovery • 25%
No Recovery • 25%
Further Decline • 25%
Moderate Recovery • 25%