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A lot is still set to happen before we get close to 2025, but there is always fun in guessing! Experts feel the same as they are already making cursory predictions about the 2025 real estate market. Some early predictions can help you decide whether or to wait before selling your home.
Buyers In The Market
The number of buyers who are in the market to buy a home impacts the value of homes. Mortgage rates have a lot to do with how many buyers are on the market. The lower the rate, the more people who can afford to buy a home. According to Fannie Mae, Mortgage Bankers Association (MBA), Wells Fargo, and the National Association of Realtors (NAR), those interest rates are set to decrease in 2025.
The same organizations are also predicting minimal increase in appreciation, along with an increase in people looking to sell their home.
The End Game
The market is not predicted by experts to change much. Some factors show you may be able to sell your home faster. Another shows you may be selling for less money. While nobody really knows what the real estate market will end up looking like, experts are predicting change. But does this change fit the real estate needs that you have?
Ready To Sell Today?
If you need to sell your home soon, waiting may not be worth the extra money that it might bring in for you. If now is the right time for you but you are worried about the wait that the buyers market is presenting, a cash buyer could be your saving grace!
Eric with ASDM Homes offers an easier alternative to selling your house fast in San Joaquin and Stanislaus county. Cash offers can help you sell your house quickly and for a fair price. You won’t need to do repairs, inspections, or have a line of strangers walk through. If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process. You’ll get the help you need to get your home sold fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!