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Will home prices decrease in 2024?
Will home prices decrease in 2024? I know there's no crystal ball, but based on your experience with housing trends, what do you think might happen to house values in 2024? Or will it be regional??
Asked By Dallas | Colorado Springs, CO | 409 views | Market News Trends | 1 year ago
Answer(2)
Josephine & Raj Sharma
Legacy Homes Realty
This is a tough questions but all signs are showing it will not decrease in value anytime soon, demand is still there and the Fed has decided not to increase the rate anymore and in 2024 plan to lower the rates 3 times which will bring more buyers on the market and increase in demand.
- 1 year ago
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Elisa Bruno-Midili
eXp Realty
In analyzing the market in the New York Metro area the prices will not decrease in 2024. The gainwill not be as grat as in the past but we can expect a 2-4% annual gain in value.
- 1 year ago
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