Your January Newsletter: Insights from Experts: Housing Market in 2025
Dated: January 30 2025
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Insights from Experts: Housing Market in 2025
Wondering what’s in store for the housing market this year? And more specifically, what it all means for you if you plan to buy or sell a home? The best way to get that information is to lean on the pros.
Experts are constantly updating and revising their forecasts, so here’s the latest on two of the biggest factors expected to shape the year ahead: mortgage rates and home prices.
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5 Chilling Facts About Icicles That All Homeowners Should Know
They look nice. But my-friend, they don’t play nice. Especially with your house.
Those beautiful, shiny icicles hanging from your roof aren't cool.
They're a really bad sign that you may have an ice dam — a ridge of ice along the edge of your roof that can damage your house and your wallet.
But don't freak out. Just be in the know about these five things, and you can save your budget from hypothermia this winter.
#1 They'll Destroy Your Roof's Insulation
So, here's how ice dams work: When heat escapes through your roof, it melts the snow up there.
Then it gets cold again, and that water freezes along the ridge of your roof. If this happens enough, the ice builds up into an ice dam.
Once the ice dam is established, when the warm air melts more snow, that water gets trapped behind the ice dam and just hangs out there in a puddle.
Water is not supposed to puddle up on your roof. It can seep down through the roof (science calls this a "leak," FYI), and turn your insulation into a wet mess. But that's only the beginning.
#2 They Can Infest Your House With Mold
Once your insulation is that soggy mess, something worse could be lurking.
Mold! Ugh. It's nasty. And it's expensive to make go away.
Fittingly, the way to prevent it is (ta-da!) good insulation so your roof doesn't get too warm in the first place. "Most ice dams are caused by a warm attic."
#3 They'll Send Water Pouring Down Your Walls
Count yourself lucky if you caught the ice dam early enough that moldy insulation was the only problem.
A really bad leak will continue right through the insulation to destroy walls, ceilings, flooring — pretty much everything it touches (and spread that nasty mold around).
That's a great way to wave goodbye to the dream deck savings account you've been working on for years.
#4 They'll Rip Down Gutters and Pull Roof Shingles Loose
Ice dams weigh a ton (literally). Which means all that weight can tear gutters away from your house, pull shingles loose from your roof, and generally cause stress on your home's exterior.
But if there's no ice, there's no ice damage.
#5 They'll Damage Something (or Someone) Special to You
Did we mention how heavy ice dams are? Weight can inflict damage. A ton of it. And in dangerous ways you don't even want to think about. Like suddenly breaking loose and falling on:
.That azalea you nursed back to life last spring .Your just-paid-off car .Your dog .You
Whether preventive measures haven't kept them at bay — or you're learning about ice dams too late to prevent one — you'll need to get rid of an ice dam as quickly as possible.
We are excited to announce that we have moved! We would love for you to stop by sometimes to see our new location and get
answers to real estate questions and notary service.
Get a FREE Professional Equity Assessment Report of your home!
A Professional Equity Assessment Report (PEAR) is a custom evaluation of your home’s cash value. It's not just knowing what your home is currently worth. Essentially, It's what you can walk away with and put toward a new home.
This is a powerful tool to help you make confident decisions in your home selling process.
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Why More Sellers Are Hiring a Real Estate Agent
Bottom Line
More homeowners are realizing they need an agent’s help in this complex market – and that’s why a record-low number of people are selling without a pro by their side. Without an agent’s help, tackling pricing, staging and repairs, paperwork, negotiation, and more can be a real headache. Selling without a pro isn’t worth the hassle.
Let’s connect to see if we’d work well together.
FOR SALE!
Featured Listing Of The Month.
Let Us Feature Your Home Here Next Month!
Timeless Charm Meets Endless Possibilities!!! Step into the inviting allure of 67 E Dean St in Freeport - a 1,594 square foot, 3 - bedroom, 1.5- bath colonial full of character and waiting for your personal touch. Situated on a 6,000 sqft lot, this home boasts a huge yard, long driveway, and a spacious eat in kitchen, offering a perfect canvas to bring your vision to life. With modern updates to key systems, including the boiler, hot water heater, and oil tank, you'll enjoy peace of mind as you make this home truly your own.
Call me or click below for price, pictures & address.
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Local Real Estate Market Report
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Get Ready To Buy a Home in 2025
Bottom Line:
If buying a home is on your goal sheet this year, here’s how to make it happen. Focus on improving your credit, planning for your down payment, getting pre-approved, and prioritizing your wish list.
But first, let’s connect so you have expert advice every step of the way.
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Craig Bibbs
Lic. Real Estate Salesperson Weichert Realtors®- Quality Homes
2065 Grand Ave, Baldwin, NY 11510
craig@weichertquality.com 516-867-3508 Bus 516-450-1624 Cell
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DON'T FORGET WE LOVE REFERRALS
If you know of anyone planning to move, my team and I will be happy to assist them with their real estate needs.
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