Housing Market 2024 Reddit Usa. Experts say that the combination of high mortgage rates, inflated home values and scarce inventory suggest that 2024 could remain a challenging year for the housing market. After surges in housing starts in 2021 and 2022, followed by a sharp decline in 2023, in 2024 the direction of housing starts will depend on the sector.
Realtor.com’s forecast and housing market predictions on key trends that will shape the year ahead. If mortgage rates fell 1% to 6.125% and home prices rose a modest 4% as projected by the federal housing finance agency in 2024, it would take $105,000 and.
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