EXIT Realty Premier Blog

2024 Housing Market Forecast [INFOGRAPHIC]

 

November 17, 2023

For BuyersFor SellersInfographicsPricingHousing Market Updates

Some Highlights

Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment. Plus, home sales are projected to increase in 2024. That’s good news because it means experts are...

People Are Still Moving, Even with Today’s Affordability Challenges

November 16, 2023

For BuyersFor SellersHousing Market UpdatesBuying MythsSelling Myths

If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability situation stacks up to recent years.

 

4 REASONS TO BUY A HOME THIS FALL!

Here are four great reasons to consider buying a home today instead of waiting:

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 5.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.3% over the next year. The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts....