12/05/2023
Don't believe all these articles about housing prices falling in 2024. They said the same thing about this year. If interest rate falls, more buyers will jump back in the market pushing up demand which will increase home values more.
My advice is to buy now with higher interest rates and less competition. You have less competition and more negotiating power so great deals are possible. Refinance when interest rates fall, it will still be cheaper than engaging in countless bidding wars for your dream house.
After years of surging U.S. home prices and mortgage rates, some relief is coming to the real estate market in 2024, according to a new report from Realtor.com.