Is the spring housing market already picking up in January 2025? In this video, we dive into the latest data showing a surprising surge in home sales early in the year. Pending home sales are up 5.1% compared to the same time in 2024, and mortgage applications are on the rise too. What's driving this early demand, and what does it mean for buyers and sellers?
Whether you're a seller looking to capitalize on low competition or a buyer preparing for a fast-moving market, this video will give you the insights you need to make informed decisions. We’ll also discuss how mortgage rates are stabilizing and why it's important to keep an eye on job data as well.
Don’t wait for the "traditional" spring months — the market is already moving, and now is the time to get ahead.
📊 Key topics covered:
* Surge in home sales and mortgage applications in early January 2025
* Impact of mortgage rate stabilization and job data on the housing market
* Advice for sellers and buyers in a competitive market
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Timestamps:
0:00 - Intro: Is Spring Housing Demand Already Here?
0:11 - Housing Demand Surge in Early January
0:36 - Key Stats: Pending Sales & Mortgage Applications
1:03 - Mortgage Rates: Stabilization in Q4 2024
1:59 - Why Jobs Data is Important for Housing
2:17 - Pending Sales & Inventory Levels in Early 2025
3:02 - Why Sellers Should Consider Listing Now
3:53 - Real Data vs. Traditional Real Estate Advice
4:36 - Buyers: Get Prepared for a Fast-Moving Market
5:03 - Closing: The Market is Already Heating Up!