Newsletter – January 2025

Welcome to The Cyr Team’s January 2025 Market Update. Explore the latest trends shaping Pennsylvania real estate — from mortgage rates to local housing demand — plus insights for buyers and sellers navigating the winter market with confidence.

From The Cyr Team

Happy New Year!

We hope you were able to enjoy the past few weeks with family and friends. Maybe you’re glad the holidays are over. Maybe it’s a little of both. In any case, welcome to the 25th year of the 21st century.

There is a word we hear early in life that sticks with us — can’t. As we age, we discover we actually can. That realization drives growth, resolution, and change. As we begin a new year, accept where you are today, and decide if that’s where you want to be tomorrow.

Here’s to a prosperous, blessed, and exciting 2025!

Vince & Jane

Real Estate Environment

  • Mortgage Rates: Watch the 10-year Treasury more than Fed headlines. Elevated Treasuries generally mean elevated mortgage rates. Listen to our podcast below.
  • Housing Crash? Not likely. 2023–24 saw only ~4M home sales — the fewest since 1995 — despite 75M more people. Tight supply + steady demand = resilience. Watch our YouTube segment below.
  • Real Estate Is Local: National trends don’t tell local stories. Market strength varies — connect with a local expert for precise insights.

Needs & Wants

We have several clients continuing their look for homes. Here’s what they’re seeking:

  • Single-family in Garnet Valley, Unionville-Chadds Ford, or West Chester SD up to $1.1M
  • Single-family in Garnet Valley, Rose Tree Media SD up to $850K
  • Single-family w/ 2+ car garage in Kennett Square or Unionville-Chadds Ford up to $600K
  • Single-family in Brandywine 100, DE up to $475K
  • Townhome in West Chester area up to $450K
  • Single-family in Newark up to $350K – FOUND!! 12/26/2024

Demand remains strong as we move into the new year.

Community

Habits Start With Small Changes

Donating blood is a small act with big impact—especially platelets for cancer patients. If you can, carve out an hour this month to make a difference.

The Cyr Team Blog

The Gift of Homeownership: Planning Your Home Purchase in 2025

From budgeting and credit to timing and strategy—here’s how to unwrap the gift of homeownership in 2025.

About The Cyr Team

The Cyr Team is a husband-and-wife real estate partnership based in Kennett Square, PA, proudly serving the Philadelphia suburbs, Chester County, Delaware County, and Northern Delaware — including West Chester, Kennett Square, and Hockessin.

With 20+ years of full-time experience, 300+ transactions, and 76+ five-star Google reviews, The Cyr Team is trusted by clients and professionals for expertise, integrity, and results. Jane leads with empathy and people-first service; Vincent brings disciplined systems and market strategy.

Whether you’re relocating to West Chester, moving within Kennett Square, or selling in Hockessin, The Cyr Team provides trusted partnership and proven performance to help you move forward with confidence.

Brokered by REAL Broker, LLC. Serving Pennsylvania and Northern Delaware.

Jane & Vincent Cyr

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The Cyr Team — REAL of Pennsylvania
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Fort Washington, PA 19034
(484) 259-7910
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The Cyr Team — REAL of Pennsylvania
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Kennett Square, PA 19348
(855) 450-0442

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