What to Expect in the 2024 Housing Market
As we approach the new year, many are curious about the prospects of buying or selling a home in 2024. Understanding expert predictions for the housing market is crucial for making well-informed decisions. Surprisingly, the outlook for what to expect in the 2024 housing market might be more positive than anticipated. Predictions Indicate Continued Rise in Home Prices Recent forecasts from Fannie Mae, the Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR) provide valuable insights: The forecasts, represented by orange bars in the accompanying graph, suggest an average price increase of about 2.8% by the end of […]
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