Now that summer is winding down, will cooler weather bring cooler home prices? what’s ahead for prices as we move toward the end of the year? Housing experts are starting to talk about the 2025 housing forecast and here is what they are saying.
Hi, I’m Tanja Odzak, eXp Realty. I love helping people. I’m a Senior Level Realtor and I help people sell and buy homes right here in the East Bay!
First, there is so much conflicting information out there that is causing confusion for consumers… and sellers, don’t believe everything you read or hear. BUT, here is what we do know. Affordability is still a challenge with buyers due to price and mortgage rates. We also know there is relatively low inventory… here in the East Bay, it’s a little more than what we’ve had for several years, but it’s still low! This has kept the competition tighter among buyers but we are now seeing bumps in inventory levels, and typically… it’s homes staying longer on the market. Economically, we are still seeing inflation around the country and the feds are still contemplating lowering the federal interest rate which could come very soon.
However, with all that said, depending on where you are in the country, home sales and pricing continue to remain steady and it is now starting to normalize. Across the board, we are starting to see prices plateau in certain areas and not increase. In fact, for 2025, real estate forecaster CoreLogic is predicting a 3.4% growth year over year. This is down from 4.9% from this year. Keep in mind, the last five years we were in, were unicorn years of real estate, so adjusting is a normal part of the real estate cycle.
So what lies ahead? As a consumer, you need to look individually at your local market rather than what is happening as a whole around the country. Different regions experience different levels of pricing and inventory.
If you have any questions regarding the market and would like help to make the best decision, Call me today and let’s talk about it. I’m a seasoned East Bay expert with a 5-star rating. Let me help you look at the different data in the areas you are interested in for exploring homeownership. Working with a knowledgeable agent can help you navigate the market conditions effectively and will benefit you down the road with your investment! I’d be happy to give you an in-depth analysis on inventory, pricing, and latest changes.
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 apply. I’m Tanja and I sell homes. Let’s get you going, Call me today!
I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit.
Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?
Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW
Click here—> I WANT TO GAIN ACCESS TO THE *HOME SELLER* SEMINAR NOW