If you’re financially ready to buy now, don’t wait. Housing prices, inventory, affordability, mortgage interest rates, price growth or declines, and buyer expectations are all in flux.
Interest rates should continue to decrease in 2024. A crucial difference between 2024 and 2023 will be sales gaining momentum throughout the year instead of losing momentum.
In Addition To Today’s Decision, We Also Got An.
Overall, we expect 4.3 million sales in 2024, up 5% year over year.
Housing Prices, Inventory, Affordability, Mortgage Interest Rates, Price Growth Or Declines, And Buyer Expectations Are All In Flux.
This makes it a challenging time to buy a home, but there are still opportunities for buyers who are prepared.
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Experts Say That The Combination Of High Mortgage Rates, Inflated Home Values And Scarce Inventory Suggest That 2024 Could Remain A Challenging Year For The Housing Market.
In this post, we will discuss whether the real estate market is slowing down or going to crash.
Keep Reading As We Discuss Some Predictions For The Housing Market If.
Rates roughly doubled back in 2022, thanks in part to the federal reserve’s war on inflation, and they have stayed high since.