Welcome to 2025 - Here's What Jo Knows...
Welcome to 2025: Real Estate Insights and Tips for Sellers
As we step into 2025, the real estate market is already showing promising activity. While many businesses took a break over the festive season, the property market stayed active, with increased enquiries and inspections. In fact, four properties went under contract during what is typically a quiet time of year. This early momentum sets a positive tone for the months ahead, and we’re entering the new year with optimism.
So, what does the first half of 2025 look like for the real estate market? Here are some key factors and insights to help you plan your next move effectively.
An Election Year: Timing is Everything
Although an official election date is yet to be announced, speculation points to it being held just before Easter, which falls in the third week of April. Election years often introduce a layer of uncertainty to the housing market, particularly when policies affecting real estate are in the spotlight.
If you’re considering selling, timing your campaign will be critical. Launching too close to the election could impact buyer sentiment, so working with an experienced agent to plan your timeline is essential. A well-strategized approach can help you navigate any market fluctuations and maximize your property’s potential.
Interest Rates: The "New Normal"
The Reserve Bank of Australia (RBA) won’t meet again until February, but buyers and sellers seem to have adjusted to the "new normal" of higher interest rates. While borrowing capacity remains capped for many buyers, recent activity shows that buyers are willing to stretch to the top of their pre-approval limits to secure their ideal property. This willingness highlights the importance of presenting your property in its best light to attract motivated buyers.
Planning Ahead for Success
The key takeaway for sellers in 2025? Planning ahead is more important than ever. A well-prepared campaign ensures a smoother selling process and a better financial outcome. Whether it’s timing your sale around the election or adjusting to market conditions, having a clear plan is essential.
We’re already working with clients who have set clear timelines for launching their marketing campaigns. By planning early, they’re positioning themselves for success in what promises to be a dynamic market.
Make Your Move in 2025
If you’re thinking about selling or moving in the first half of 2025, now is the time to start preparing. From understanding market trends to crafting a tailored marketing strategy, the right preparation can make all the difference.
Have questions about real estate? I’m here to help. Let’s create a plan together to ensure your move is smooth and profitable.
Jo Mooney
📞 0407 344 011
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Your trusted real estate expert.
Ready to take the next step? Contact me today to start planning your 2025 real estate journey!