Good News for 2025: Why the Housing Market Is Looking Up

If you’ve been following the housing market lately, you might be thinking: What happened to the frenzy of the last few years? It’s true—the market isn’t as wild as it was, but here’s the reality: those years weren’t normal. And that’s okay!

In fact, 2025 is shaping up to be a healthier, more balanced year for real estate. For buyers, sellers, and anyone watching the market closely, there’s reason to feel optimistic about what’s ahead.

Let’s break it down:

The Housing Market in 2025: What to Expect

A recent survey from the National Association of Realtors shares some promising predictions:

• Home sales are trending up: Existing home sales are expected to rise by 9%, while new builds are forecasted to jump 11%.
• Mortgage rates are stabilizing: Rates are projected to hover between 6% and 7%, bringing much-needed predictability to the market.
• More inventory is on the way: With more listings hitting the market, buyers will have better options, and sellers will face less volatility.

This is great news for everyone. The days of frenzied bidding wars and record-high price spikes may be over, but what we’re gaining is a sustainable market where both buyers and sellers can succeed.

Emerging Trends to Watch

The market is also evolving in interesting ways, creating opportunities for creative buyers and strategic sellers:

• All-cash buyers are making moves: These buyers bring speed and simplicity to transactions, giving sellers an edge when pricing competitively.
• First-time buyers are innovating: From shared equity programs to creative funding solutions, they’re finding ways to make homeownership a reality.
• Multigenerational households are growing: Families are pooling resources to buy homes that work for everyone, adding flexibility and practicality to the mix.

If you’re navigating the market, keeping an eye on these trends can help you stay ahead of the curve.

How to Succeed in Today’s Market

Whether you’re buying, selling, or investing, here are three key strategies to make the most of this year’s opportunities:

1. Be flexible: Buyers have more options now and are being more selective. Negotiation is your friend!
2. Price it right: Homes listed at or just below market value draw attention and spark demand.
3. Focus on first impressions: Buyers make decisions quickly. Prepping your home to look its best is more important than ever.

Local Perspective: Chattanooga, TN

While national trends are important, real estate is always about what’s happening in your own backyard. In Chattanooga, TN, we’re seeing:

• Average Days on Market: 22
• Months of Inventory: 2.56
• Median Home Prices: $327,000

Chattanooga continues to be a strong market, thanks to its growing economy and unbeatable quality of life. Whether you’re buying or selling here, the future looks bright.

The Takeaway

Let's be clear. Houses sell every. single. day. no matter the market. What matters is having a solid plan, staying informed, and working with the right people to make your goals a reality.

If you’re thinking about buying, selling, or investing in 2025, I’d love to help you strategize and make it happen. Let’s connect to discuss how to turn your real estate dreams into a successful plan.

It's time to get excited about a year of opportunity and growth!

?? Let’s make 2025 your best year yet. If you have questions about the market or want to explore your options, send me a message or comment below. I’d love to connect!