What Will the 2025 Real Estate Market Look Like?

By James and Katie Boyle

James and Katie Boyle are a dedicated real estate duo with over 25 years of experience, specializing in Cape May and Atlantic Counties.

The big question on everyone’s mind: What will the 2025 real estate market look like? Will it be like 2008? Well, we’re here to tell you that, while things may not look great, it’s not as bad as it seems.

In 2023, 4.1 million homes were sold in the U.S. That number is significant because it hasn’t been that low since 2008. If you remember what happened in 2008, you know it wasn’t pretty because the market crashed, and people lost their homes. But don’t panic just yet; while we are seeing a drop in transactions, it’s not the end of the world.

What’s in store in 2025? In 2024 experts predicted that we might see 4.1 to 4.3 million units sold, but that might be too optimistic. Now, they’re predicting that the number will hover around 4 million. Still, it’s a slow market. So, why are people still buying and selling homes?

Why are people still buying and selling? Life doesn’t stop just because the market is slow. People are still having babies, switching jobs, and moving for various reasons. That means buyers and sellers are still out there. If you’re one of those people thinking about making a move in 2025, I want to let you in on a little secret.

Higher interest rates. We all know interest rates are higher than they’ve been in years, but that doesn’t mean you can’t get a good deal on your mortgage. We’ve got some strategies that could help you secure a property at a lower interest rate—maybe around 4% or 5%. Imagine being able to lock in a rate that keeps your monthly payments manageable, even with higher market rates.

If you’re planning on making a move in 2025, now is the time to start planning. Don’t wait for the market to magically get better. Let us help you make the most of what’s out there by calling or texting us today at 609-226-0678. We’ve got the knowledge and tools to help you navigate the market with confidence.