Housing Market Forecast: What’s Ahead for the 2nd Half of 2024
The supply of homes for sale. For 2024, the number of home sales will be about the exact same as last year and might even rise somewhat. With more inventory available and home mortgage rates anticipated to go down, a couple of more homes are anticipated to be sold this year compared to last year.
The supply of homes for sale. Simply remember, prices aren’t anticipated to drop., even a little drop in home mortgage rates can make a huge difference in your monthly payments. For 2024, the number of home sales will be about the same as last year and might even rise a little. With more inventory readily available and home mortgage rates expected to go down, a few more homes are expected to be sold this year compared to last year.
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