As we find the year winding down, we begin to look forward to what awaits us in the new year. Easy Life REALTOR and Broker Brad Rhodes was happy to share his thoughts on what he expects to find in the 2025 Texoma real estate market. But first, it is important to understand where you are coming from. For Brad, a realtor/broker in the Texoma region for the last ten years, an understanding of the future comes from an understanding of the past. Born in Paris, TX, Rhodes moved to the Texoma area and was fortunate to watch the region grow alongside his pool business, founded in 1997. He eventually sold it in 2003 and moved to Dallas for 10 years before moving back to Sherman in 2014. Able to glean the nuances of the local real estate market, Brad has experienced the kind of success that comes from hard work, a knowledge of the market, and even a little luck.
Brad was excited to share some information about what he does. “Easy Life Realty will be celebrating 9 years in January 2025. I have enjoyed getting to be a part of that as both a real estate agent and a broker. I spend seventy-five percent of my time on real estate work and twenty-five percent of my time on my broker duties. Honestly, the last three years were challenging. 2020 was a big seller's market. People were paying over fifty thousand dollars and in many cases above one hundred thousand dollars over list prices. 2024 was challenging because of interest rates. Home values doubled in ten years. Real estate and construction control the entire market”. Rhodes also added that “We are close to the end of the housing market correction. Contrary to opinion, the goal in real estate is a normal, fair market. Now that the election is over, I believe the market will start picking up. 2025 is going to be a better year moving forward. A better market for buyers and sellers.”
Rhodes believes the Texoma market will see changes in the first half of 2025 because of the new technology jobs that will be available as construction in the local technology industry begins to be completed. Rhodes was quick to add “It is about to get better. People are ready for changes.”
According to Brad, “I get two questions from homeowners looking to sell. Is it even a good idea to move right now and will I be able to find a home I like?” His answer: “Even with today’s mortgage rates, you probably have enough equity to make your move possible. Furthermore, there are about fifty percent more homes for sale now than last year. So, you’ve got more options.”
As far as the coming changes are concerned, Rhodes is prepared and is ready to play a part. “Realtors do so much for the community and we are happy to do so. I think local service is an important element of what a realtor does. It connects us in a very real and grounded way.” Brad has volunteered his services and abilities for the Child and Family Guidance Center of Texoma where he has served on the board for five years, including President in 2024. The Child and Family Guidance Center of Texoma exists to strengthen, improve, and empower the lives of Texoma children and families in need, through compassionate and restorative mental health care. They provide these services at no cost to families.
Rhodes also hopes he can inspire other people on their journeys in fitness and health. He is still motivated by his mother. “My mom will be 86 and she is still my inspiration. I have adopted her motto as my own: Keep Moving!”
BradRhodesRealtor.com
903.820.6001
I believe the market will start picking up. 2025 is going to be a better year moving forward.