Real Estate Projections 2024. 1.7 government initiatives and incentives. The total homes sold through november in the last three years were:
Zillow research • nov 30 2023. Fannie mae expects home prices to rise by the end of the year.
30.2% Of Homes Sold Over Asking Or List Price.
Redfin predicted that rates will only drop to about 6% at best, down from their current rate of over 6.6%.
According To Zillow's Latest Forecast, The Outlook For 2024 Suggests A 0.2% Decrease In Home Values Nationally.
Zillow said only that the rates will have some definite staying.
1.3 Shifts In Housing Demand.
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Home Prices As Measured By The Zillow Home Value Index Are Up 4.6% Between March 2023 And March 2024.
These rates are affected greatly by the fed's interest rate policy, and many experts are until late 2024.
Redfin Predicted That Rates Will Only Drop To About 6% At Best, Down From Their Current Rate Of Over 6.6%.
1.7 government initiatives and incentives.
Shifts In Market Dynamics, Innovative Technologies, And Housing.