2024 Housing Market Predictions: Lower Prices, Higher Sales, and Lingering Affordability Crisis
TL;DR Summary
Real estate experts predict that in 2024, buyers who left the market due to high interest rates will re-enter, interest rates will eventually fall, it will be a good market for foreign buyers, inventory will pick back up, and the luxury market will continue to thrive. Additionally, real estate prices may dip but are expected to go up again, and fixer-uppers may become more attractive to buyers compared to turnkey properties.
Topics:business#housing-market#interest-rates#inventory#luxury-market#real-estate#real-estate-predictions
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