Around the Azalea Coast | January 2025

Make it your PLACE: the North Carolina Coast.

• Yearly growth starting day one.
• Some massive failures (starting day1!)
• Historically low interest rates and a massive market.
• The pandemic!
• More massive growth in the market.
• Super fast home price appreciation.
• Unprecedented inflation.
• Huge market correction- where did all the buyers and sellers go?
• We became founding shareholders in a pre-IPO tech/management firm.

As 2025 dawns, the real estate market continues to evolve, presenting opportunities and challenges for buyers and sellers alike. Whether you're looking to purchase your dream home or sell your current property, setting clear goals can help ensure success. Here are the top ten resolutions to consider:
 

For Home Buyers:

1. Get Pre-Approved for a Mortgage
Before diving into the market, resolve to get pre-approved for a mortgage. Not only does this clarify your budget, but it also signals to sellers that you’re a serious buyer. This step can save time and provide an edge in competitive markets. Work with a trusted lender to understand your borrowing limits and the types of loans available to you. This preparation can also help you lock in a favorable interest rate.
 

For Home Sellers:

6. Understand Your Local Market
Before listing, resolve to research your local real estate trends. Knowing whether you’re in a buyer’s or seller’s market will help you set realistic expectations and pricing. Use tools like online market reports or consult with a real estate agent to gain insights into recent sales, demand levels, and pricing strategies.

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