Cam's Real Estate Page

Just Sold!

Just Sold in 29 Palms at 6970 McKinnon RD!

Just Sold!

Just Sold in 29 Palms at 3225 Steeg RD!

If Your Home Had a Theme Song... 🏡🎶 What would it be? Share the soundtrack that perfectly captures the essence of your dream home. Let’s create a playlist filled with melodies of home sweet home in the comments! 🎵💬

Contact me today!
760-600-6764
[email protected]
www.soldbycamandsean.com

Happy Labor Day! 🏡✨ Celebrating the hard work and dedication that makes every home a dream come true. Enjoy your well-deserved break!

Contact me today!
760-600-6764
[email protected]
www.soldbycamandsean.com

Happy Labor Day from C & S Real Estate!

Please enjoy our September newsletter, brought to you by C & S Real Estate!

As inventory grows, the market is starting to balance out a bit. But don’t worry – this isn’t close to an oversupply that would cause a crash.
It just means buyers are regaining negotiation power as their options grow. And sellers need to price their house right and may want to consider some repairs to help it stand out.
Let’s connect to talk more about how this impacts you.

Looking ahead to 2025, it's important to know what experts are projecting for the housing market.

Mortgage Rates Are Projected To Come Down Slightly

Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the National Association of Realtors (NAR), and Wells Fargo show an expected gradual decline in mortgage rates over the course of the next year.

And many experts believe these signs will encourage the Federal Reserve to lower the Federal Funds Rate, which tends to lead to lower mortgage rates.

Expect More Homes To Sell

The market will see an increase in both the supply of available homes on the market, as well as a rise in demand, as more buyers and sellers who have been sitting on the sidelines because of higher rates choose to make a move. That’s one big reason why experts are projecting an increase in home sales next year.

According to Fannie Mae, MBA, and NAR, total home sales are forecast to climb slightly, with an average of about 5.4 million homes expected to sell in 2025.

Home Prices Will Go Up Moderately

More buyers ready to jump into the market will put continued upward pressure on prices. Experts agree, however, that home prices will continue to increase moderately next year at a slower, more normal rate. But keep in mind, prices will always vary by local market.

Understanding 2025 housing market forecasts can help you plan your next move. Whether you're buying or selling, staying informed about these trends will ensure you make the best decision possible. DM me to discuss how these forecasts could impact your plans.

2025 Housing Market Forecasts: What To Expect Looking ahead to 2025, it's important to know what experts are projecting for the housing market.

If you’ve been considering buying or selling a home this year, you’re probably curious about what the election might mean for the housing market – and if it’s still a good time to make your move.

Home Sales

In the month leading up to a Presidential election, from October to November, there’s typically a slight slowdown in home sales.

Some consumers will simply wait it out before they make their purchase decision. However, it’s important to know this slowdown is small and temporary.
Historically, home sales bounce right back and continue to rise the following year.

Home Prices

You may also be wondering about home prices. Do prices come down during election years? Not typically.

Home prices generally rise over time, regardless of an election cycle. So, based on what history shows, you can expect the current pricing trend in your local market to likely continue, barring any unusual market or economic circumstances.

Mortgage Rates

The third thing that’s likely on your mind is mortgage rates, since they impact your monthly payment if you’re financing a home. Looking at the last 11 Presidential election years, data from Freddie Mac shows mortgage rates decreased from July to November in 8 of them.

What This Means for You

What’s the big takeaway? While Presidential elections do have some impact on the housing market, the effects are usually minimal.

For most buyers and sellers, elections don’t have a major impact on their plans.

While it’s natural to feel a bit uncertain during an election year, history shows the housing market remains strong and resilient. And this means you don’t have to pause your plans in the meantime. For help navigating the market during this election cycle, DM me.

What's the Impact of Presidential Elections on the Housing Market? It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead.

Check out this Twentynine Palms - 92277, 92277 Market Update comparing July 2024 and June 2024.

Contact me today if you have any questions!
760-600-6764
[email protected]
www.soldbycamandsean.com

Mortgage rates are declining. And that may make you wonder if it’s time to jump back into the market.

While they’re not going back to pandemic lows, experts say rates could continue to drop as long as inflation eases.

So, what number do you want to see rates hit before you’re ready to move? Drop it in a comment below. And I’ll be the first to let you know when we get there.

Check out this great new 3 bedroom, 2 bath home I just listed in 29 Palms!

New on the Market

New Listing in 29 Palms at 5982 Morongo RD

Check out this Pioneertown, 92268 Market Update comparing July 2024 and June 2024.

Contact me today if you have any questions!
760-600-6764
[email protected]
www.soldbycamandsean.com

Check out this Market Update for Landers, 92285! In July 2024, the Available Listings decreased by 17% compared to June 2024.

Contact me today if you have any questions!
760-600-6764
[email protected]
www.soldbycamandsean.com

Seller’s Pro Tip! 🏡✨ What’s your go-to strategy for making your home stand out in the market? Share your insights below! 🌟💬

Contact me today!
760-600-6764
[email protected]
www.soldbycamandsean.com