Is The Housing Market Going To Get Better In 2024. It’s important to note that even the closest follower of real estate trends doesn’t have the ability to glimpse the future. Zillow predicts more homes for sale, improved affordability in 2024.
As inflation inches closer to the federal reserve’s target of 2%, mortgage rates are expected to soften in the second half of the year, providing the catalyst needed to jumpstart the market. Will mortgage rates go down in 2024?
Will Mortgage Rates Go Down In 2024?
Housing inventory will likely still be low in 2024.
Housing Market Outlook For 2024:
Total home sales in 2024 will come in at about 4.8 million, largely flat compared to this year’s expected level, followed by a jump to 5.4 million in 2025.
Housing Market Forecast For 2024.
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Housing Inventory Will Likely Still Be Low In 2024.
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