
The residential real estate market for 2025 will be like 2024. Interest rates are expected to stay between 6-7.5%, which continues to increase the inventory and gives the buyers an upper hand in negotiations. Prices have come down significantly since the COVD craziness. Buying now at a reduced price with a plan to refinance in the future allows you to build equity for long term wealth. There are lenders who are willing to do a free refi if you buy now. Plus lenders have longer term ARM loans up to 10 years fixed rate giving time for buyers to refinance in the coming years before the rate would go up. Buy now or wait? Call me and lets talk about your situation, it may make more sense to wait. Or if its better time to buy I can help narrow down the options and make sure you get the best possible deal.