December Newsletter
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Deciding whether to sell your home first or buy a new one is a common dilemma for many. 🤔🏡 In my video, I break down both options—highlighting the pros and cons of each scenario. 📊
Plus, I share a third strategy that could be the most beneficial: buying and selling simultaneously.
This approach, although a bit more challenging, offers flexibility and helps you minimize risks while navigating the market. |
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Watch my YouTube video where I dive deeper into how to find the best approach for you! |
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What’s Next for the 2025 Housing Market? |
| The real estate market is heating up! Here’s what you need to know:
🔹 9% increase in existing home sales is expected in 2025. 🔹 New home sales could jump by 11% in 2025. 🔹 Mortgage rates are stabilizing, making it easier to buy a home. 🔹 26% of buyers are now paying in cash 💰. |
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Mortgage Rates Continue to Drop: This Week's Market Snapshot |
| Urban Turf reports that mortgage rates continue their downward trend, with Freddie Mac announcing a 6.60% average for 30-year mortgages this week—a decrease of 0.09%. The decline marks a total drop of 0.25% over the past three weeks. |
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FHA loan limits rise by nearly $26K |
| Starting January 1, 2025, the maximum loan limit for a single-family home in most regions will be $524,225 — an increase of $26,000 from last year! In high-cost areas, limits can exceed $1 million. 💰🏠
These changes will help borrowers access a wider range of housing options through affordable FHA financing. 🏡💡
🔍 Check your eligible FHA loan amount. |
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Office: 301-298-1001 Compass Real Estate is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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