Hi, I’m Terry Tucker with eXp Realty and I love helping people sell and buy homes right here in the East Bay!
So here are the latest insights!
First, let’s look at home prices and What’s expected for home prices in 2025?
We anticipate a moderate national average increase of about 2% in home prices. Areas with higher inventory may see a slight dip in prices, while popular, low-inventory markets are likely to experience
steady price growth. According to Bankrate, prices overall won’t fluctuate dramatically, pointing toward a balanced, though cooler, market in terms of price movement.
So, will it be a buyer’s or seller’s market?
We’re still likely to see a seller’s market throughout 2025. Although the market has improved for buyers over the past year, challenges remain, such as inventory constraints and mortgage rates that favor sellers. However, the good news is that inventory levels and demand are expected to be more balanced, improving buyer affordability.
Finally, what does this mean for you?
To recap, higher mortgage rates, home prices, and limited inventory are likely to pose challenges as we head into 2025. Deciding whether to buy or sell is a big decision with many factors to consider.
Having an experienced agent by your side can make all the difference in navigating this market.
If you would like more information on East Bay real estate data, prices, and trends, call me today and let’s talk about it! I’m a seasoned East Bay expert with a 5-star rating. I’ll help you navigate the market and make it happen, whether that’s selling or buying or both!
And if you or someone you know needs to sell a home, ask me about my home-selling plans.. I took the pain out of negotiating with a Realtor and made it SUPER simple. Really! Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. Terms do apply. I’m Terry and I sell homes. Let’s get you going, Call me today!