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2024 Real Estate Market Wrap-Up: Highlights, Trends, and What’s Ahead for 2025

As we kick off 2025, the U.S. real estate market has had another eventful year. From rising mortgage rates to record-setting luxury sales, the market has kept us on our toes. While some buyers and sellers have faced challenges, there have also been pockets of resilience and surprising growth. This week, we’re diving into what shaped the housing market this year and what we can expect as we head into 2025.

To keep things concise, I’ve summarized the key points and left out the specific numbers for our local market. Our detailed market report, filled with charts, data, and insights, is heading to mailboxes this month. If you’re not on our mailing list, let us know—we’d love to send you a copy!