In what feels like a blink of an eye, 2025 is almost herebut does that new year, new you sentiment apply to your real estate portfolio? According to Realtor.com, which just released its 2025 Housing Forecast, the next 12 months might be an excellent time to buy...and sell.Per the report, property prices are slated to grow by 3.7 percentand mortgage rates are poised to stay relatively steady at 6.3 percent until the end of the yearbut prospective home buyers can also expect to see an 11.7 percent increased inventory. The real estate platform indicates a large portion of their insights can be attributed to President-elect Donald Trump's plans to curb unnecessary regulations and make more federal land available for homebuilding. It's a phenomenon Danielle Hale, who is the chief economist at Realtor.com, calls the Trump bump.The size and direction of a Trump bump will depend on what campaign proposals ultimately become policy and when, Hale explains. For now, we expect a gradual improvement in housing market dynamics powered by broader economic factors. The new administration's policies have the potential to enhance or hamper the housing recovery, and the details will matter.Related StoryThough the incoming administration is likely to impact the real estate market, the report's findings are not just about politics. We take into account not only political factors but also both short and long-term macroeconomic factors into our regional and national housing market forecasts, says Ralph McLaughlin, the senior economist at Realtor.com.Since buying and selling are both projected to be on the rise in the New Year, it's important to use this balanced market to your advantage. Buyers should take advantage of higher inventory levels, slower moving homes, and a higher share of price cuts by taking their time to do their due diligence, McLaughlin explains. Find a home that best meets their needs and ask for concessions from sellers. Though McLaughlin says that sellers will need to be flexible and open for negotiation, he also says 2025 is an excellent time to make sure your property is marketableboth from a physical and pricing standpoint.But, wait a second: What about renters? So far, these dramatic shifts won't reach the rental market. We forecast rents to stay flat in 2025 due to a combination of a growing supply of multifamily rental housing as well as growing single-family rental housing, McLaughlin shares. Related Stories:Follow House Beautiful on Instagram and TikTok.