Post-Election Market Update and Looking to 2025
Hans & Steve Wydler
Hans & Steve Wydler
What a difference a month makes! Since our last update just before the elections, the S&P 500 has risen 5.6%, and mortgage rates for a 30-year fixed-rate mortgage have dropped from 7.76% to 6.81%.
Looking ahead, we remain optimistic about a strong start to 2025, with anticipated growth in both sales volume and property values. Key factors driving this outlook include:
Resolution of the election cycle, bringing more stability to the market.
Release of pent-up demand, as two years of record-low turnover create opportunities for buyers and sellers.
The normal seasonal surge in activity during the new year.
That said, a couple potential challenges could temper this positive momentum:
Inflation risks, potentially driven by tariffs, tax cuts or disruptions to global energy supply, could push interest rates higher.
Federal employment cuts, which could pose a disproportionate threat to the DMV region.
What does this all mean? For buyers, try to get a jump on the market sooner rather than later if you can. For Sellers, we think the wind is at your back and you should anticipate a strong Seller’s market this coming Spring.
As always, we'll keep a close eye on these factors and provide our thoughts as the market evolves in the coming months.
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Wydler Brothers have been selling residential real estate for over 20 years in the DC metro area. Along the way, they’ve achieved numerous awards and recognitions, including being recognized as “The Most Innovative Real Estate Agent in America” (Inman, 2014), written several articles for The Washington Post, authored a book, “Inside the Sell”, co-founded a real estate tech company which sold to Move, Inc. in 2013, and built Wydler Brothers into a highly respected boutique brokerage with 70 agents and employees which they sold to Compass in 2019. Currently, Wydler Brothers is among the top 3 teams in the DMV and was the #1 Compass Team in 2022.