Did anyone else find themselves at the Thanksgiving table dreaming and scheming about big life plans—like moving in 2025? It’s a season of possibility, but if the ups and downs of the real estate market have you wondering, “Should I take the plunge next year?”—you’re not alone.
While we can’t predict the future with a crystal ball, we’ve got insider insight into what you can expect in the months ahead. Here’s what we’re seeing on the horizon for the 2025 market:
1. The Early Spring Market Rush
If you think spring starts in April, think again. In real estate, the “Spring Market” kicks off early—often in February. But in 2025, it’s shaping up to start even earlier.
With showing activity and mortgage applications already surging (yep, even during the holiday season!), buyers are gearing up for action. Expect to see serious activity by January. If you’re planning to buy, now’s the time to prep your finances and wish list. If you're thinking about selling, get in on the action sooner than you might have thought.
2. More Inventory, More Options
Here’s the good news: more homes are hitting the market. If you’ve been searching for your dream home without luck, this could be your year. Increased inventory means more choices for buyers, making it easier to find a property that checks all your boxes.
3. Interest Rates: Slow and Steady
After a nail-biting year for interest rates, it looks like calmer waters are ahead. While no one’s expecting dramatic drops, experts predict a slow and steady decline in rates throughout 2025. It’s time to stop waiting for a major shift and start planning for a smart, realistic move within the new normal.
4. Prices Are Growing—But Not Skyrocketing
If you’re holding out for a major price drop, we’ve got some tough love: it’s probably not happening. Prices are expected to climb modestly, by about 2-4%, a far cry from the double-digit spikes we saw between 2020 and 2022. The takeaway? A stable market is a good market, so don’t let “what-ifs” keep you from taking advantage of what’s available.
5. The Cities Are Calling
Remember the pandemic-era rush to the suburbs or rural retreats? That trend is cooling off. Urban markets are bouncing back as people return to city living. Think compact spaces, lively communities, and a sense of connection. If you’ve been longing for a more urban vibe, now might be the time to answer the call.
So, What’s Your Next Move?If 2025 has “new home” written in your plans, it’s never too early to start laying the groundwork. Whether you’re buying, selling, or just exploring your options, understanding the market is the first step toward making a confident decision.
Need help crafting your 2025 real estate game plan? Let’s chat about how we can make those big plans a reality.
