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Housing Horizons
Your Cheat Sheet for Navigating Next Year’s Market
Splits and Caps Daily: Action for Agents
December 2, 2024
📈 Market Move:
Peaks, Perks, and Pivots
The U.S. housing market is starting to stretch its legs again after a pandemic-induced funk. Here's the scoop on 2025 trends:
Sales Are Back: With the market "unsticking," home sales are projected to tick up—more homes on the market mean buyers will have more leverage. Prices? Expect a steady 2.6% rise.
Mortgage Mayhem: Rates are expected to ride the rollercoaster, offering windows of opportunity for refinancing during the dips. Timing will be everything.
Shifts in the Southwest: The Southwest could become a sweet spot for buyers, with inventory loosening up and more deals on the table.
Small Is Big: Downsizing is having a moment. Smaller homes are trending, with affordability driving demand. Cozy is in.
The bottom line? 2025 could bring more action and opportunities for buyers and sellers—but it’s still a “stay ready” kind of market.
🌟Quote of the Day:
"Strive not to be a success, but rather to be of value." — Albert Einstein
📊🤔 Agent Poll Results
On 11/29, we asked: If MLS access wasn’t tied to association membership, what would you do?
The results are in!
Drop the association faster than a hot potato - I’m here for the MLS, not the meetings: 25%
Stick with the membership - Networking and resources are worth the dues: 12.5%
Go hybrid - Keep some memberships, ditch the rest: 12.5%
Wait and see - I’m not touching anything until the dust settles: 50%
Top Comment for “Drop the association…”:
“I used to think it was a benefit to belong to NAR & call myself a REALTOR, but we can all be ethical without being part of NAR. Also, being sold out by them has not set well with me. Everyone can talk about what we make/get paid but REALTORS themselves.”
Love hearing from our community!
🎉 Fun Fact of the Day:
First Skyscraper Ever: The Home Insurance Building in Chicago, built in 1885, was the world’s first skyscraper. At 10 stories high, it was considered a marvel back then. Today? That’s just a starter home for clouds.
📚 Book Recommendation:
“The Book on Rental Property Investing” by Brandon Turner - Alright, listen up: if you're in real estate and you’re not thinking about rental properties, you’re leaving money on the table. Enter The Book on Rental Property Investing by Brandon Turner—a legit blueprint for turning properties into cash-flowing machines.
This isn’t just another “dream big and hope” book. Turner breaks it down with real-world strategies, from finding the right properties to running them like a business. Whether you're new to the game or ready to scale, this is like having a seasoned investor whispering secrets in your ear (minus the awkwardness).
Get the playbook, run the plays, and let your rentals do the heavy lifting. Future you will thank you.
Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!
That’s it for today! Keep your energy up, stay creative, and remember - big wins start with bold moves. Let’s go make it happen!
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