What’s Inside
- 2024 forecasts show most experts are optimistic about the future. Home price growth is projected to slow and sales are forecast to rise.
- While inventory is still low, more new listings are coming onto the market than usual.
- Even though affordability remains a challenge, homebuyers are still active.
Buyers and sellers remain active in every economic environment, including when mortgage rates are high. Buyers determined to find a home they love will continue visiting homes with their agents, and as we mentioned previously, some sellers are reducing prices, which presents an opportunity for those buyers. ~ Mike Lane, VP ShowingTime
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