Wednesday, September 4, 2024   /   by Amber J. Garcia

Housing Market Predictions for 2024: When Will Home Prices Be Affordable Again?

The housing market has been a rollercoaster ride, with high mortgage rates and home prices posing challenges for potential buyers.

However, experts predict improvements in the market despite these hurdles.

They believe that a possible Fed rate cut could stimulate the market, but the timing remains uncertain.

On the other hand, the inventory shortage is expected to persist due to homeowners locked in at ultra-low mortgage rates.

 Read more about the housing market predictions for 2024 in this informative blog post.
Read more here: https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/

#HousingMarket2024 #RealEstateTrends #NathanPetrosianRealEstate