Head of billion-dollar brokerage firm gives his view of real estate market in 2025 [Video]

2025 will mark a resurgence in home listings and sales in the U.S. real estate market after years of stagnation, according to the Agency founder and CEO Mauricio Umansky. 

Though some uncertainties in the real estate market remain, such as when and by how much interest rates will drop, Umansky said we are finally going to see some movement. 

Umansky, who is also famous for his time on The Real Housewives of Beverly Hills, has a global real estate brokerage with over 130 offices across 12 countries. It just launched its fifth annual Red Paper, which is a comprehensive wealth report, which includes a deep evaluation of the luxury real estate market and upcoming expectations for the rapidly changing industry. 

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If it hadn’t been for the pandemic, which caused a significant shift in the residential and commercial real estate markets, Umansky believes that we would have “already started …