December 2024 Real Estate Newsletter: A look into the Future

As 2024 comes to an end, I would like to share with you what I believe is ahead for us in 2025. Thank you for your continued support and we value your trust in us! Cheers to December!

Despite the overall softening in the real estate market, The Hier Advantage has been quite busy. One of the main reasons I believe is the fact that we let our friends, family and clients know exactly what is going on. We don’t rely on posts from social media (unless it is one of our posts) or which way the wind is blowing or what happens to be what’s ‘Trending Now’. No, we are in the real estate business every day helping buyers and sellers get what they are looking for. We Do read every day and we are up to date on every matter affecting the real estate transaction. Here is a small handful of some of the issues we were (and still are) on top of… Home sales dealing with Probate and Trusts, Home sales dealing with Insurance Issues, Home sales dealing with Capital Gains, Home sales dealing with Relocation, Home sales dealing with the IRS code 1031 Exchange…. And there are plenty more. And… I believe that our Team is second to none when it comes to advising our clients and helping them to make decisions that are in their best interest… whether that is helping them either to Buy their next home or get their home Sold. And January of 2025 will mark my 30th year as a professional real estate agent/broker, and I LOVE what I do…and I’m not going anywhere! If you’ve ever been in our office, I have a saying written on the wall and it goes like this…. ‘Always put your clients’ needs first. When you take care of your clients, everything else will take care of itself.” Words to live by, we do!

All of that leads me to this… what will the future bring for the housing market in 2025? In general, it will be good! Interest rates will slowly come down, the housing inventory will stabilize and the overall economy will be strong. I believe that home prices will have moderate gains. There is a possibility that if the mortgage rates get into the 5% range, we will see more buyers come into the market and if that happens, home prices will go up more than just a little. The old adage holds true… don’t wait to buy real estate, buy real estate and wait. 🙂

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