A Festive Season of Opportunity
As December unfolds, we celebrate a season of light, joy, and togetherness. From Christmas and Hanukkah to Kwanzaa and other cherished traditions, this month reminds us of the importance of home and community. In the real estate market, there’s reason to celebrate as well: we’ve noticed the anticipated uptick in transactions following the election, signaling renewed confidence and activity.
December Market Highlights:
• Increased Transactions: Post-election stability has encouraged more buyers and sellers to re-enter the market, leading to a busier-than-usual holiday season for real estate.
• Favorable Conditions: Slight declines in mortgage rates and steady demand have created opportunities for both buyers and sellers to achieve their goals before the year ends.
• A Strong Start to the New Year: Current trends suggest a positive momentum carrying into January, making this a strategic time for those considering a move.
Tips for the Holiday Market:
If your property is currently on the market, leverage the festive season to make your home shine! Thoughtful touches like warm lighting, seasonal greenery, and inviting décor can create an emotional connection with buyers.
If you are looking to sell in 2025, now is the time to prepare your home. The market will take off after the Lunar New Year but we don't know how long that bounce will last. Make sure you are first on the market for the season's most energized buyers!
While the holidays may feel busy, acting now can help you secure a great property before the New Year. The quieter market also means less competition and more room for negotiation.
To prepare for next year, make sure your preapproval is up to date and take a another look at your budget!
Celebrating Home and Community:
This time of year is about more than real estate; it’s about the joy of gathering and creating memories. Whether you’re lighting the menorah, exchanging gifts, or reflecting on the year past, your home is at the heart of these celebrations.
As we close out the year, I want to thank you for letting us be part of your journey. It’s an honor to help you find the space where you can create lasting traditions. Wishing you and your loved ones a wonderful holiday season filled with peace, happiness, and hope for the year ahead!
- Tia Hunnicutt, LIC #01840070