This is a monthly contribution to the Blog by Greenwood realtor Doron Weisbarth
The real estate market in our PhinneyWood neighborhood and, in fact, nationwide, picked up a little speed following the total screech-to-a-stop market just prior to the elections. Sadly, this was not enough speed to create any kind of meaningful outcome, and so Q4-2024 looks to be heading into the history books as mostly a dud.
To see the latest date and the full analysis online go to PhinneyWoodHomes.com.
This low level of activity in Q4, both from buyers and from sellers, means that we’re likely to see a burst of activity come the New Year, similar to what happened in early 2024. The strong pent-up demand and supply from 2023, fueled by interest that had just dropped below the 7% mark, helped create a very active first half of this year. My guess is that we’ll see a similar scenario play out in 2025.
If your New Year’s resolution is to buy and/or sell a home in 2025, then ask about my 3-step system for buyers, and 5-step system for sellers to get the most from your transaction. To customize these plans to your needs with no obligation, call me at 206-779-9808. Happy Holidays and Happy New Year!
