by Becky Day | Apr 17, 2025 | For Buyers, Inventory
If you’ve put your moving plans on hold, now might be the perfect time to reconsider. Here’s why you should hit play on your plans and move forward.
1. The Real Estate Market is Shifting
The real estate market is always changing, and conditions could be in your favor now. Whether it’s higher home values or more favorable interest rates, it’s worth re-evaluating your situation to see if now is a good time to buy or sell.
2. Interest Rates Might Rise Again
Interest rates have been fluctuating, and while they may not stay low forever, now could be your chance to lock in a favorable rate. Waiting too long might mean higher borrowing costs down the line, making it smarter to move now.
3. Increased Buyer Demand in Spring
Spring is a busy time in real estate, and more buyers are looking for homes. Listing your property now could lead to increased demand, helping you sell quicker and at a better price.
4. Financial and Job Stability
If your financial situation has improved, now is a great time to start planning your move. Whether it’s a new job or financial security, being stable gives you the confidence to make a big decision.
5. Personal Life Changes
Life events like starting a family, getting married, or a career move can signal it’s time for a new home. If your current space no longer suits your needs, it could be the right time to make a change.
6. Housing Inventory is Increasing
As the market picks up, more homes will be available to buy, giving you more choices and the chance to find the perfect place.
Conclusion: Time to Take Action
If you’ve been waiting for the right moment, now could be it. With improving market conditions, increased demand, and a greater inventory of homes, this is a great time to hit play on your moving plans. Take a fresh look at your options and make your next move with confidence.
by Becky Day | Feb 12, 2025 | For Buyers
Why 2025 Is the Year to Find Your Dream Home: More Homes for Sale, More Choices for Buyers
The past few years have been challenging for homebuyers, with rising home prices and mortgage rates making it hard to find a property that fits both your needs and budget. However, there’s good news on the horizon for 2025. The number of homes for sale has significantly increased, with more existing homes and newly built properties now available. This growth in inventory could make finding the right home much easier. Here’s why these two positive trends are great news for buyers in 2025.
1. 22% Increase in Existing Homes for Sale
According to data from Realtor.com, the number of existing homes on the market jumped by 22% in 2024, and experts predict an additional 11-15% growth by the end of 2025. This surge in inventory means more options for buyers, especially for those struggling to find the perfect home.
With more homes to choose from, you’ll have a better chance of finding one that meets your specific needs. As Ralph McLaughlin, Senior Economist at Realtor.com, puts it, “It could be a particularly good time to get out into the market . . . you’re going to have more choice.” This growth in available homes is a much-needed shift, as buyers have been lacking variety in recent years.
2. More Newly Built Homes Available
In addition to the increase in existing homes, newly built homes are also making up a larger portion of the market. According to the National Association of Realtors (NAR) and the Census Bureau, about 31.1% of homes for sale are newly built—a higher percentage than usual. This is due to builders working hard to catch up after years of underbuilding.
The best part? Many of these newly built homes are smaller and more affordable than you might think. Builders are focusing on lower-price-point homes, which means that new construction can sometimes be even more budget-friendly than older homes. In some markets, a newly constructed home may even cost the same or less than an existing one.
If you’ve been struggling to find a home within your budget, consider new construction. Many buyers overlook this option, but they might be missing out on nearly one-third of the available homes in the market.
Bottom Line: More Homes, More Choices in 2025
The increase in home inventory is a positive trend for buyers in 2025. With more existing homes and newly built properties to choose from, you’re more likely to find a home that fits your needs and budget. Whether you’re looking for a traditional resale or a brand-new home, the expanded market could be the key to achieving your homeownership goals this year.
