This is due to factors such as rising mortgage rates and easing demand. While we may see a slight moderation in home price growth, the overall trend remain positive for sellers. Low inventory levels and strong demand will continue to support prices in many markets. For buyers, this means they may have more negotiating power in the year ahead as sellers become more willing to entertain offers.
However, it’s essential to act quickly and make strong offers in the competitive market. Selling homes in 2024 is a great decision, despite some uncertainties in the market. We were able to help our sellers so quickly for a good price. In conclusion, the housing market’s prediction for 2024 suggests a continuation of current trend, with prices expected to rise at a slower pace.
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