If you’ve seen headlines predicting a housing market crash, you’re not alone. Many buyers and sellers are wondering if home prices are about to fall — or if now’s still a smart time to make a move.
Here’s the good news: experts don’t expect a crash. Instead, the latest housing market forecasts show steady, sustainable price growth ahead.
🔍 Expert Forecasts Show Continued Price Growth
According to the latest Home Price Expectations Survey (HPES) from Fannie Mae, over 100 leading housing market experts project that home prices will continue to rise nationally through at least 2029 — not fall.
Each bar in the HPES forecast represents a year-over-year price increase, just at a slower and more sustainable pace compared to the pandemic boom years.
To break it down:
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Average forecast: +15% home price growth through 2029
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Optimistic experts: +26% price growth
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Most cautious experts: +5% growth
No matter which group you look at, the consensus is clear — no housing crash, just steady appreciation over the next five years.
📈 A More Normal Market Is Taking Shape
Recent projections call for annual price gains between 2% and 3.5%, slightly below the long-term average of 4–5% per year.
That may sound slower, but it’s actually a sign of stability. The frenzied price surges of 2020–2022 (when prices climbed 15–20% in some areas) were unsustainable. Now, the real estate market is returning to balance — a healthier pace for buyers and sellers alike.
🏠 Why Home Prices Aren’t Expected To Drop
So, why isn’t the market headed for a crash like in 2008?
The answer lies in two key factors:
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Low Housing Supply: There still aren’t enough homes for all the buyers looking. This ongoing shortage continues to support home values.
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Stronger Lending Standards: Today’s buyers are financially qualified, unlike during the last housing bubble.
Even with higher mortgage rates and affordability challenges, demand remains strong — especially in desirable areas like Redlands and the Inland Empire, where inventory is still tight.
That imbalance between supply and demand is keeping prices stable and inching upward, not downward.
💡 The Market Always Recovers
Worried about the economy? History shows that the housing market has consistently recovered after every economic downturn over the past 50 years.
We’re already moving through another recovery phase — and national experts agree this is a reset, not a collapse.
✅ Bottom Line
Despite the online buzz, there’s no data suggesting a housing market crash in Redlands or nationwide. Instead, forecasts show continued home price appreciation and a market that’s slowly finding balance.
If you’ve been waiting to buy or sell in Redlands, now’s the time to look at the numbers — not the headlines.
📲 Let’s connect to discuss the latest local housing trends and what they mean for your next move.
