As we step into 2025, it’s a time for fresh starts and big plans. Whether you’re dreaming of a bigger backyard for your kids or selling your current home to find something new, navigating the housing market can feel overwhelming. As a mom who gets the juggle of family life and big decisions, I’m here to make your real estate journey in Chippewa Falls, Altoona, Eau Claire, and Bloomer (and surrounding areas) simple, informed, and stress-free.
Key Market Trends for 2025
Let’s talk about what 2025 might bring to the housing market—it’s a mix of hope, anticipation, and strategic planning. First, we’re expecting an increase in home inventory, which could mean more options for buyers. And while we’re all crossing our fingers for lower interest rates, remember how 2024 kept teasing us with potential dips that didn’t happen? If rates do fall below 6%, brace yourself for a flurry of activity as homeowners refinance and buyers rush to grab their dream homes.
But here’s the catch: when rates drop, demand spikes. That could mean multiple offers, bidding wars, and yes—potentially paying over asking price for a home. The silver lining? Buyers who act now can get ahead of the frenzy and use this time to negotiate smarter, even if rates are still higher than we’d like.
On a broader scale, home prices are expected to continue growing, but at a slower pace. Lawrence Yun, chief economist of the National Association of REALTORS®, predicts existing home sales will rise by 9%, while new home sales are set to jump by 11%. What does this mean for buyers? It’s all about strategy and timing.
And if you’re feeling behind in your home-buying journey, know this—the median age for homebuyers is now 38. So, if you haven’t hit that milestone yet, you’re not alone. Plus, single women are making waves in the market, holding a 24% share of home purchases last year compared to just 11% for single men. The market is evolving, and 2025 might just be your year to make your move!
Curious to learn more or ready to make your move in the 2025 real estate market? As a local expert and fellow busy mom, I understand how to make the home-buying or selling process seamless and stress-free. Let’s chat! Schedule a personalized consultation with me today. This could be the year you find the perfect home—or sell yours for top dollar!