Why 2025 Might be Your Year to Buy a Home in Santa Cruz County

Hi there, I’m Megan Kilmer, your Santa Cruz County real estate expert. If you have been in the market for a home over the last few years you must be exhausted! From bidding wars to cash buyers swooping in, and the interest rates on the rise - home buying hasn't been for the faint of heart.

Why Today’s Prices Could Look Cheap a Year from Now

Let’s start with the big picture: experts predict that home prices will rise 4.4% this year (source: Canadian Real Estate Association). While this statistic might seem small at first glance, it could mean the difference of thousands of dollars in the long run. Buying now could save you a fortune compared to waiting another year.

5 Reasons Why Buying Now Could Save You Thousands

1. Home Prices Are on the Rise According to forecasts, the value of homes is climbing steadily. In a competitive market like Santa Cruz County, even a modest price increase can have a huge impact on your future purchase. Jumping in now means locking in today’s prices and watching your investment grow.

2. Mortgage Rates Are Lower Mortgage rates in the U.S. have stabilized, and savvy buyers are taking advantage of affordable borrowing options. Lower rates mean lower monthly payments, which could make your dream home more accessible.

3. Easier Financing Options Did you know there are financing programs that require as little as 5% down? Buyers are finding more flexible loan options than ever before, making it easier to step into the market with confidence. Ask me how!

4. Demand Is Heating Up After a period of market hesitation, buyers are coming off the sidelines and re-entering the game. With competition increasing, now is the time to make your move before the Spring rush.

5. Population Growth Is Driving Demand In Santa Cruz County, we’re seeing steady demand for homes fueled by both local development and newcomers drawn to our coastal charm, excellent schools, and vibrant lifestyle. This increased demand keeps our market strong, which is great for long-term value.

   
   

Why This Matters for You

In a market that’s gaining momentum, preparation is everything. Here’s why:

• The right home won’t wait. With demand picking up, properties can move fast.

• Financing is key. Having your financial ducks in a row will make all the difference when it’s time to make an offer. I can help with this!

• Planning pays off. Knowing your goals, budget, and options ahead of time means you’re ready to act when opportunity knocks.

  
  

Even if you’re not planning to buy tomorrow, taking the time to understand your options and explore what’s possible will put you miles ahead when you’re ready to make your move.

Let’s Map Out Your Home Buying Strategy

Whether you’re planning to buy this year or you’re just starting to think about your next move, I’m here to help. Together, we can create a strategy that fits your timeline, your budget, and your vision for the perfect home in Santa Cruz County.

Text me directly at 831-888-7530, and let’s talk about your plans. I’m here to answer your questions, share insights on the local market, and help you take the next step with confidence.

P.S. Got a Friend Thinking About Moving?

If you know someone who’s mentioned buying a home in 2025, share this post with them! I’d love to help them get prepared, whether they’re looking to buy next month, next season, or later this year. Have them text me anytime at 5831-888-7530 —I’d be happy to connect.