Real Estate 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 very same as last year and might even increase a little. With more stock offered and home loan rates anticipated to go down, a few more homes are expected to be offered this year compared to last year.
The supply of homes for sale. Simply keep in mind, prices aren’t anticipated to drop., even a little drop in home loan rates can make a huge difference in your regular monthly payments. For 2024, the number of home sales will be about the same as last year and may even rise a little. With more inventory available and home mortgage rates expected to go down, a couple of more homes are expected to be sold this year compared to last year.