Question:
What are some predictions for the real estate market in the new year?
Answer:
As we move into 2025, several key trends are expected to shape the real estate market. Mortgage interest rates are predicted to stabilize, which could encourage more buyers to enter the market with greater confidence. However, inventory is likely to remain tight, especially in
desirable areas, like Agoura Hills, as many homeowners with low-interest mortgages choose not to sell.
Home values are expected to grow at a more moderate pace, around 3-5% nationally, though Fountainwood may see stronger appreciation due to its high demand. While winter is traditionally a slower season, we anticipate more activity early in the year as buyers try to beat the spring competition.
Overall, it’s a favorable time for both buyers and sellers to act strategically. Buyers should prepare for competitive conditions by getting pre-approved, while sellers can take advantage of strong demand and limited supply to attract motivated offers. If you’re planning to buy or sell, we’d love the opportunity to help you navigate these market trends.
Brought to you by:
Jessica Carter l DRE #01490419 l 818.590.4246 l JessicaCarterHomes@gmail.com
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