What New Homebuyers
Need to Know in 2025

As we step into 2025, the housing market continues to evolve, presenting both opportunities and challenges for new homebuyers. Whether you’re a first-time buyer or looking to upgrade, understanding the current market dynamics is crucial. Here’s what you need to know:

1. Market Trends and Prices

The Fox Cities housing market remains competitive, with homes typically receiving multiple offers and selling relatively quickly. The median sale price has seen a significant increase, reflecting the growing demand in the area. Staying informed about these trends can help you make a timely and informed decision.

2. Mortgage Rates

Mortgage rates are expected to stay in the mid 6% to low 7% range throughout the year. While this might seem high compared to previous years, it’s important to remember that rates are still relatively low compared to recent years. Locking in a rate sooner rather than later could save you money in the long run.

3. Inventory Levels

Expect a slight increase in inventory during the spring and summer months. This means more options for you to choose from, but also more competition. Being prepared to act quickly can give you an edge in securing your dream home.

4. Local Insights

Appleton is attracting interest not just from local buyers but also from those in nearby cities like Chicago and Milwaukee. Understanding the local market nuances can be a game-changer in your home buying journey.

5. Partnering with the Right Mortgage Lender

Navigating the home buying process can be complex, but you don’t have to do it alone. At American National Bank, we pride ourselves on being more than just a lender. As your mortgage loan officer, I am dedicated to guiding you through every step of the process, from pre-approval to closing and beyond. Our commitment doesn’t end once you get the keys to your new home. We’re here to support you with ongoing insights and assistance, ensuring you feel confident and secure in your investment. We service all of our mortgage products locally, so there is no need to call an 1-800 number to get advice from someone outside of our market after your loan closes!

Choosing the right partner can make all the difference. With our deep understanding of the Fox Cities market and personalized service, American National Bank is here to help you achieve your homeownership goals. Let’s make 2025 the year you find your perfect home.

Feel free to reach out to me directly with any questions or to start your home buying journey. Together, we can turn your homeownership dreams into reality.

I hope this article helps you feel more prepared and confident as you navigate the home buying process in 2025. If you have any specific questions or need further assistance, I’m here to help!