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What's happening in 2024?
Hi all,
What do the forums think is going to happen to the real estate market in 2024?
The Fed mentioning that they're going to lower interest rates bodes well for affordability and pricing. However, the downside could be a huge swell of buyers coming into the market.
Personally, it would be nice to see more activity in the market. Also, it would be nice to see some more inventory come to market since with interest rates the way they are, it seems that no one is willing to sell their house and enter the buyer pool.
Would love to hear your thoughts/forecasts!
Are prices going up again?
Is buyer competition going to skyrocket due to pent up demand?
Are you going to be buying more deals?