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Buying a house is not easy or cheap, especially in today's market. But while it's too soon to tell whether the housing market is going to favor buyers or sellers next year, some areas will offer more favorable market conditions than others, according to a new report by the National Association of REALTORS®. The NAR identified 10 top metro areas as "housing hot spots" for 2025 based on a variety of economic, demographic and housing factors. "Important factors common among the top performing markets in 2025 include available inventory at affordable price points, a better chance of unlocking low mortgage rates, higher income growth for young adults and net migration into specific metro areas," Lawrence Yun, NAR chief economist and senior vice president of research, said in a statement. "2025 is expected to be a year of more opportunities" for both homebuyers and sellers, said Nadia Evangelou, senior economist and director of research at the NAR. Four out of the NAR's 10 "hot spots" are located in the South — although unlike those on other lists, none are in Florida. Three of the list's hot spots are in the Midwest.