Housing Market Has One Big Problem—Mortgage Rates Are Still Too High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2025
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Source: Benzinga
Homebuyer Sentiment Shifts: American homebuyers are becoming more willing to accept higher mortgage rates, with 52% now open to a 6% rate, up from 41% earlier this year. However, most still prefer rates below 5.5%, indicating pent-up demand for housing if rates decrease.
Cautious Outlook on Home Prices: A growing number of homeowners expect local housing prices to remain flat or decline, rising from 35% to 55%. Despite this, only 16% anticipate significant price drops, suggesting a stabilization rather than a market crash.
Analyst Views on REM
Wall Street analysts forecast REM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for REM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 23.580
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
