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Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

By
Real Estate Agent with Coldwell Banker Schmitt Real Estate 622790

 

What’s Ahead for the 2nd Half of 2024

 

While inventory is up compared to the last few years, it’s still low overall. And because there still aren’t enough homes, that’ll keep upward pressure on prices.

If you’re considering buying, the good news is you won’t have to deal with prices skyrocketing like they did during the pandemic. Just remember, prices aren’t expected to drop. They’ll continue climbing, just at a slower pace.

So, getting into the market sooner rather than later could save you money in the long run. Plus, you can feel confident experts say your home will grow in value after you buy it.

With more inventory available and mortgage rates expected to go down, a few more homes are expected to be sold this year compared to last year. This means more people will be able to move. Let's work together to make sure you’re one of them.

Bottom Line

If you have any questions or need help navigating the market, reach out.

What’s Ahead for the 2nd Half of 2024

 

 

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Now really Do you want to Find and Move in Florida Keys?

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Lela Ashkarian, PA, CRS, GRI, e-PRO

Coldwell Banker Schmitt Real Estate

International President's Circle

11050 Overseas Highway

Marathon, Fl 33050

305-395-0814

lela@coldwellbanker.com

 
P.S.My Purpose is for you to be so outrageously happy with the help I provide you that you'll gladly introduce me to at least two people you really care about before I even sell your home/help you buy a new home.  Not because you feel obligated, but because you truly believe they will benefit.

 

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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lela and thank you for your information on the second half of the year in Real Estate.

 

Jun 24, 2024 07:57 AM
John Pusa
Glendale, CA

Hello Lilas "Lela" Ashkarian very good housing market forecast report for what's ahead for 2nd half of 2024.

Jun 24, 2024 02:42 PM