Will 2024 be a buyer’s or seller’s market?
For homebuyers and sellers, 2024 will look much like 2023 – confused. Inventories of homes for sale are still low, which usually benefits sellers with higher prices, but this year it hasn’t. Mortgage interest rates are still high, and though this should slow buyer demand, it hasn’t. Predictions show there will be some growth in home prices in 2024, but it should be closer to the historic norms of 3-5% per year.
Alice Leeper
Broker-Salesperson
Whether you are looking to buy or sell a home, Alice Leeper, Broker-Salesperson for the Home Town COMO Group of RE/MAX Boone Realty, says it’s all about staying local when getting your information. “All real estate is local. The national press and social media tend to highlight trends and market activity guaranteed to get the most readership,” she says. “Often, these stories do not reflect real activity or trends in the local market.” Local
