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my prediction for the housing market for
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2024 is a continuation of the
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difficulties of 2023 for the first half
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of the year but by the second half I
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think we'll start seeing recovery stay
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alive to 2025 because we see some really
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positive Trends in interest rates moving
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down because inflation is down inflation
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is down over the last 6 months to a 2.5%
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rate which is close to the fed's goal
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with recession that should come down
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further giving us significant relief on
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the side of the mortgage market and at
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the same time that mortgage rates fall
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from 7 % range to perhaps as low as 5%
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we will see that Supply will in fact
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increase as well so difficult year ahead
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but by 2025 markets could be
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considerably healthier for buyers who
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are been shut out of owner occupancy and
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we look forward to that opportunity for
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Millennials Generation Z to get into
00:00:53
that home that they've been struggling
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to buy over the last several
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years
