As I always say, we do not know what will happen in the future because if we could, we'd all be BILLIONAIRES by now.
The experts have changed their previous housing forecast from "interest rates will be lowered and house prices will continue to grow as they have been" to "rates will continue to remain higher and home prices may increase a modest 5% year-over-year".
This article goes into the many nuisances of the real estate market, the economy, and everything that drives interest rates. They form their opinion based on what has happened in the first quarter of 2024 and what's happening now midway through the 2nd quarter of the year.
In either case, my opinion remains the same.
If you need to buy, sell, right-size your home, move out of state, refinance or make some type of real estate move, CALL ME. Let's review all your options and make an informed decision.
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Source: Yahoo!Finance
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