Volume 24 | Issue 9
March 19, 2025
March 19, 2025
Friends,
Since my last update, school has started, football season is back, and the real estate market continues to change. Within the past six weeks, I've had the highest number of transactions in 2024, showing a slight uptick in the luxury market. Furthermore, my clientele during this timeframe has shifted 20% to the buy side. While election years are notably slower, recent price decreases have incentivized buyers looking to maximize value.
On September 18th, the Federal Reserve announced a reduction in interest rates of 0.50% bps. This combination opens up new opportunities for buyers obtaining financing but, more importantly, can increase consumer confidence. Although Chairman Powell's press conference remained neutral, the mortgage rate market did a great job getting out in front of interest rates.
Looking ahead to 2025, these factors, combined with a post-election market, allude to a healthy real estate market. I've advised several of my clients to be proactive and start an off-market campaign for Q4, which provides the opportunity to capture a buyer and time the market perfectly in 2025. It takes time and effort to prepare a luxury home to stand out amongst the competition, so being proactive benefits my clients in receiving top dollar. Exciting opportunities are ahead, and I look forward to diving deeper into the implications of these changes in next month’s newsletter.
In the meantime, if you're thinking about buying, selling, or investing, now is a fantastic time to explore your options and make a strategic move. I'd love to connect to discuss how these developments can benefit your real estate goals.
Kody
Stay up to date on the latest real estate trends.
Partnering with an acclaimed real estate professional is crucial to navigate the complexities of the high-end market. The luxury sphere requires vast knowledge of private sales and precision-level marketing tactics, all while maintaining client confidentiality throughout the process. Hall Realty Group provides forward-thinking processes that encompass the highest level of attention to detail. For sellers, it's imperative to analyze off-market comparables and exclusive market trends, both of which are not publicly available. In order for a buyer to achieve success, the client must be aware of exclusive listings not broadcast on the open market. These aspects complement our extensive network, directly correlating to the success of our clientele. HRG possesses superior negotiation skills honed through experience in dealing with high-value transactions. Kody understands the art of negotiation in the luxury market, including how to navigate complex offers, handle multiple bidders, and advocate effectively on behalf of their clients. HRG has a deep understanding of the luxury lifestyle and effectively communicates tailored strategies needed for the desired result.
