Experts are predicting that mortgage rates will ease slightly in early 2025, which is expected to bring more buyers back into the market. As demand increases, we’ll likely see home sales pick up, but that could also mean upward pressure on prices. If you’re planning to buy, it might be a good idea to move early before competition intensifies. For sellers, this is a great opportunity to maximize your property’s value.
The impact of these trends will depend on your unique situation. Whether you’re buying or selling, understanding the timing and the nuances of the market is crucial for making the right move. There is no one formula, it is on a case-to-case basis. Feel free to DM me, if you have any questions.