More Listings in 2025? Here’s What It Means for You
Sellers Are
Thawing Out in 2025 – What This Means for You
Exciting news for
the housing market. The number of new listings in January 2025 has
already outpaced last year’s numbers, signaling that sellers are starting
to return. While inventory is still below normal levels, this increase is
a step in the right direction—especially as we move into the spring
market. And while we enter February, we may see even more homes hitting
the market soon.
Benefits to home appreciation in our market
Buying a home is
one of the most effective ways to build wealth over time because it
allows you to grow equity
and benefit from property
appreciation. Each mortgage payment reduces your loan
balance, increasing your ownership stake in the property, unlike rent,
which provides no return on investment. Historically, home values tend to
rise, meaning that as your home appreciates, your equity—and overall net
worth—grows. Additionally, homeownership acts as a forced savings plan,
helping you build financial stability while offering benefits like
predictable mortgage payments (especially with a fixed-rate loan), tax
advantages, and the ability to personalize your living space. Unlike
renting, where costs can rise indefinitely without adding to your wealth,
owning a home allows you to create long-term financial security and even
pass down assets to future generations. Plus, if you ever decide to rent
out your property, it can become a source of passive income. While
homeownership comes with responsibilities, its long-term financial
benefits far outweigh the temporary convenience of renting.
It's great to see
growth! January had a strong number of new listings, down just 17.4% from
the pre-2020 average for this time of year. The extra Thursday in the
month helped boost the numbers, but even with that factor, the increase
is a positive sign. Overall, a solid month for new listings!
Thinking about buying or selling? Let’s connect and discuss what this
shift means for you!
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