The current housing market is often perceived as uncertain. However, trends suggest that mortgage rates, linked to inflation, may decrease in the near future. Home prices are predicted to continue rising, though at a slower rate. Also, an increase in home sales is anticipated, possibly spurred by lower mortgage rates. Despite past predictions, experts believe a recession is increasingly unlikely. Therefore, the outlook for the housing market in 2024 is generally optimistic.
Tag Archives: home prices
These Top Cities Show Home Prices Are Still Climbing
Home prices still dominate client conversations – both buyers and sellers! If you’re considering buying a home or selling your current one to find something that better suits your needs, you probably have questions about what’s happening with home prices right now. Here’s what you need to know. There’s still a lot of confusion and misinformation out there. So, noContinue reading “These Top Cities Show Home Prices Are Still Climbing”
The Return of Normal Seasonality for Home Price Appreciation
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market, there areContinue reading “The Return of Normal Seasonality for Home Price Appreciation”
Don’t Fall for the Next Shocking Headlines About Home Prices
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re basing their negative news by comparing current stats to the last fewContinue reading “Don’t Fall for the Next Shocking Headlines About Home Prices”