Planning Ahead for 2025 & 2026: What Every Anthem Homeowner Should Know
As we wrap up the year, many of us are setting goals for the new year—whether for personal projects, family, or even making the most of our properties. While selling might not be on your mind, there are a few key factors that can help you maximize the value of your home and keep it working for you in the long term. Here are some insights on what’s happening in our local market and tips on how to set your property up for success in the years ahead.
1. Why Tracking Market Trends Matters (Even If You’re Not Planning to Sell)
Understanding our local market trends can help you make informed decisions about future renovations, refinancing, or even using your home’s equity for larger projects. Recently, we’ve seen some fluctuations in both inventory and demand, which can affect everything from home value trends to refinance options. While there’s no need to keep a daily pulse on the market, a quick quarterly check can give you an idea of where things are headed.
With interest rates fluctuating over the last couple of years, many Anthem homeowners who’ve locked in low rates are choosing to stay put rather than relocate. My team and I, having helped over 700 families in the past two years, have seen firsthand how homeowners are prioritizing stability and investing in their current homes rather than seeking new properties.
2. Considering Property Enhancements That Add Lasting Value
Thinking about upgrades? Some enhancements are known to have a high return on investment and can add lasting value to your property. For example:
Energy-efficient updates: With energy costs rising, high-efficiency windows, appliances, and insulation can be a win-win by both saving money and increasing appeal.
Outdoor spaces: In our community, where we have beautiful landscapes and plenty of sun, improvements to patios, decks, and landscaping can add considerable value.
Flexible spaces: Families with kids in middle or high school may find it helpful to create study or recreational areas within the home that can be used flexibly as their needs change over the years.
3. Refinancing vs. Home Equity Line of Credit: Which Option is Right for You?
While you may not be interested in selling, leveraging your home’s equity could open doors to possibilities like home improvements, tuition payments, or other significant expenses. Depending on your current interest rate and financial goals, refinancing or setting up a home equity line of credit (HELOC) might be worth exploring.
Refinancing could make sense if rates drop again and you’re looking for lower monthly payments.
A HELOC might be more beneficial if you want access to funds over time for ongoing projects or expenses.
It’s always wise to talk to a trusted advisor who understands our local market and can guide you through these options, so you can make the choice that aligns with your family’s needs.
4. What’s Next for our Local Anthem Market?
While predicting the future is tricky, keeping an eye on local demand and price trends can give you a sense of what might come next. As of now, we’re seeing a steady demand for homes in our area, and while interest rates are keeping some buyers cautious, families continue to seek the lifestyle our community offers. Spring 2025 could bring new activity. of the last 10 election cycles, 8 of those have been 6% - 12% increaesss in home values… so stay tuned for opportunities that may arise in the market.
The Bottom Line
As we move into 2025, staying informed on market trends, potential upgrades, and financing options can help you make the most of your property. Whether you’re thinking about a few updates, looking at ways to use your home’s equity, or just want to be in the know, a bit of planning can go a long way in protecting and enhancing your investment.
For more tips on maintaining and maximizing your home’s value, check out additional resources on my website, or feel free to reach out with any questions. Here’s to a successful 2025!