This is an excerpt from WBUR's daily morning newsletter, WBUR Today. If you like what you read and want it in your inbox,Real estate experts are feeling optimistic about the 2025 market. Why? In 2024, the housing shortage persisted, but there was an increase in the number of homes put up for sale, which experts expect will continue this year. And for buyers, there could be benefits to keeping up the hunt this winter, too.
The forecast: Sarah Gustafson, president of the Massachusetts Association of Realtors, told WBUR's Dan Guzman that while winter can be slow in the New England real estate market, she thinks it will be a good time for buyers this year. “ I think that the first quarter of 2025 is perhaps going to be stronger than it has been in previous years,” she said, citing the steady increase in people putting homes on the market this past fall.
Advice for buyers: Be active this winter because there may not be as many people in the market, meaning prices could soften. “The winter market, in my opinion, has always been a great time to buy or sell," Gustafson said."Generally everyone that's selling that time of year has a reason to be selling and everyone that’s out looking to buy is looking to buy that time of year as well.”.
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