Inventory on the Rise
Experts like Realtor.com, Bright MLS, and HousingWire predict a significant 11.7% to 13% increase in inventory this coming year.
What This Means for Buyers:
More options to choose from! If you’ve been waiting to find your dream home, 2025 could be the year to make your move.
What This Means for Sellers:
While competition might increase, properly priced and staged homes will still attract serious buyers. This is the perfect time to work with an experienced team (like us!) to position your home right.
Home Prices Steady and Growing
Home prices are forecasted to grow between +1.5% to +4.9%, with Wells Fargo leading the optimistic outlook.
For Buyers:
This steady growth means homeownership is still a solid investment. Lock in your purchase sooner to take advantage of current rates before prices rise further.
For Sellers:
Rising prices can mean increased equity in your home. Selling in 2025 could offer strong returns!
Home Sales Forecast
Existing home sales are expected to range from 4.07M to 4.47M, showing a balanced and active market.
For Buyers:
An active market means opportunities for finding the right home. Be prepared with pre-approval to act fast when the perfect listing comes along!
For Sellers:
With steady demand, buyers will still be eager to purchase well-maintained, competitively priced homes. Let’s talk strategy to make your property stand out.
Affordability & Relevance
The combination of increased inventory, steady price growth, and active sales means affordability will play a key role in 2025. For buyers, this is your opportunity to explore your options with fewer bidding wars. For sellers, understanding buyer affordability will help position your home effectively in the market.
At Dave’s Alaska Homes, we’re here to guide you every step of the way.
Whether you’re planning to buy, sell, or just explore your options, let’s connect and make 2025 your best year yet!
