Real Estate Market 2024: What to Expect.

As we move towards the end of 2023, real estate experts are predicting a turbulent year ahead. Rising interest rates, persistent inflation, and an uncertain economic outlook are expected to slow down the housing market significantly. Homebuyers may find it harder to secure financing, while sellers could struggle with lower demand. The forecast includes a potential dip in home prices in certain markets, though some areas may still experience moderate growth due to limited inventory. Investors are advised to proceed with caution as the market adjusts to these evolving conditions.