How About These Predictions for Real Estate 2024
Some predictions and stats show the real estate market is heading in a better direction. First, from Bankrate:
- * The housing market will see a stronger, prolonged spring homebuying rush this year, real estate pros say.
- * The seasonal buying frenzy could lead prices to surge as much as 5%, Redfin forecasted.
- * Buyers and sellers are slowly wading back into the market as mortgage rates edge lower.
The housing market is expected to pick up stronger than usual this Spring, beginning a trend upwards for prices.
Redfin’s Chief Economist, Daryl Fairweather, revised her original forecast stating that while she had predicted previously that prices would stay mostly flat, new signs indicate that this Spring buying season will likely be a lot stronger than last year.
A Zillow economist, Skylar Olsen, sees a price surge of 3.6% by the end of the year.
If you’re like me, you’re going to get out there and inform current & future potential homebuyers and homeowners so that they can make informed decisions about purchases & refinances this year. Let’s go!
Best,
Ken & Ari Walker - Your Direct Private Money Source
Husband & Wife Team
Phone: 707-708-0797 / Office: 1400 N. Dutton Ave #22 Santa Rosa, CA 95401
Ken: CA DRE Broker #01858042 / NMLS #1221130
Ari: CA DRE #01858152 / NMLS #2170867
Bio: Ken & Ari are a husband & wife team with over 30 years of combined real estate and private money lending experience. They like working with buyers & borrowers, as well as directly with other licensed individuals who have clients in need of fast & alternative financing, and who can benefit from Private Money mortgages. (Qualify for our financing despite DTI ratios, credit score, property condition, difficult to prove income, etc. on purchases and refinances for owner occupied & investment properties.)
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