Still Thinking of Buying a Home in 2025?
If you are still thinking about making a move this year, a few things to think about:
- It is predicted from various financial sources that interest rates will not fluctuate much this year. Interest rates will probably range between 6.2% to 6.9%, keeping it below 7%. There is still uncertainty in the market, so this is still subject to change.
- Helping new home buyers is on the platform of the new federal government administration. They plan to reduce mortgage rates by slashing inflation and opening certain portions of Federal Lands for new home construction. If this is achievable, it can help solve the problem we have today – there are not enough houses on the market to meet the current buyer demand.
- The incoming administration also plans to promote homeownership through tax incentives that support first-time buyers, and they also plan on cutting unnecessary regulations that raise housing costs.
If these things can be accomplished quickly, it can help minimize the current crises we are having – not enough houses for current buyers. As more details come out, I will be keeping you updated, so they tuned through my weekly newsletter “Homebuyer Bits”. The good news is that the economy is still good, and the unemployment is still low in our area. To sign up for my newsletter, Click Here.
I’d be happy to chat more about how these insights might impact you this year. We could schedule a short meeting and talk through things in more detail, just email me your availability at ccr@ccrsellsrealestate.com.
Also, if you’ve been looking on the housing websites, note that our inventory is always very low in January, but it will pick up by the end of the month, so I wanted to touch base early to get organized before you see one you like pop up. It’s important to get organized before that happens so we create the best situation possible for you.
If this is your year to buy your home and even if you aren’t planning to do anything for a few months, I’d still love to catch up and help you put together a plan to make this happen for you this year. Plus, it would be nice just to meet up and hear how things have been going for you.
If you are interested, just let me know or you can pick a date and place that works for you. I’m here to help if this is a goal of yours, now or in the future!
Ready to get started? click here to schedule a quick chat!
Not ready and want to get more tips and advice on buying your first home? Click below to sign up here to get my weekly e-newsletter, “Homebuyer Bits”
Hi, there!
I'm Carmen and I love helping first time home buyers, including Spanish speakers, buyer their first home. I also love helping sellers looking to move up or downsize to their next home. Let me know how I can help you make your real estate goals come true.
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201-835-5650
921 Pleasant Valley Av
Suite 200
Mt. Laurel, NJ 08054
ccr@ccrsellsrealestate.com
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