Real Estate Market Predictions 2024. What will the real estate market be like in 2024? According to a report by zillow, home values are projected to increase by 5.5% over the next year, slower than the 16.9% increase seen in 2021.
Home buying costs will level off. Average interest rates across the u.s.
Here Are Zillow’s Predictions For The Housing Market In 2024:
Recently published data pinned total u.s.
Average Interest Rates Across The U.s.
Lower pay, intense competition for clients and a massive exodus of realtors.
Could Also Inadvertently Endanger The Spring Market.
Images References :
More Homes Will Hit The Market As Homeowners Accept That Mortgage Rates Aren’t.
As we look ahead to 2024, we see a mix of continuity and change in both the housing market and economy.
The Forecast Is Based On Zillow's Home.
The key expectations in the year ahead include.
After A Year In Which Mortgage Rates Hit Highs Not Seen In 23 Years, Buyers In 2024 Are Expected To Get A Little.