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    • US$119.80tn

      • The Real Estate market market in the United States is expected to reach a staggering value of US$119.80tn by 2024. Among the various segments, Residential Real Estate is poised to dominate with a projected market volume of US$94.39tn in the same year.
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  2. Jan 23, 2024 · Key Findings: After falling to a 28-year low in 2023, existing home sales will gradually rebound as mortgage rates decline. With home prices holding onto their gains due to lack of supply, true...

    • Housing Market Forecast For 2024
    • Will The Housing Market Finally Recover in 2024?
    • Housing Inventory Forecast For 2024
    • Residential Real Estate Stats: Existing, New and Pending Home Sales
    • Pro Tips For Buyers and Sellers
    • Will The Housing Market Crash in 2024?
    • Will Foreclosures Increase in 2024?
    • When Will Be The Best Time to Buy A Home in 2024?

    Essentially, all of the 2023 headwinds remain. Elevated mortgage rates, out-of-reach home prices and record-low housing stock continue to make for a perfect unaffordability recipe. “The recent boomerang in rates has dampened already tentative home-buyer momentum as we approach the spring, a historically busy season for home buying,” said Sam Khater...

    For a housing recovery to occur, several conditions must unfold. “For the best possible outcome, we’d first need to see inventories of homes for sale turn considerably higher,” says Keith Gumbinger, vice president at online mortgage company HSH.com. “This additional inventory, in turn, would ease the upward pressure on home prices, leveling them of...

    With many homeowners “locked in” at low interest rates or unwilling to sell due to high home prices, demand continues to outpace housing supply—and likely will for a while. “I don’t expect to see a meaningful increase in the supply of existing homes for sale until mortgage rates are back down in the low 5% range, so probably not in 2024,” says Rick...

    Though the housing market demonstrated some signs of growth ahead of the spring home-buying season, persistently high mortgage rates may hinder activity from fully flourishing. Here’s what the latest home sales data has to say.

    Here are some expert tips to increase your chances for an optimal outcome in this tight housing market.

    Despite some areas of the country experiencing monthly price declines, the likelihood of a housing market crash—a rapid drop in unsustainably high home prices due to waning demand—remains low for 2024. “[T]he record low supply of houses on the market protects against a market crash,” says Tom Hutchens, executive vice president of production at Ange...

    In January, total foreclosure filings were up 10% from last month and 5% from a year ago, according to property data provider Attom. Recent data also suggests broader economic conditions are beginning to have a greater influence on foreclosure activity. “[E]xternal factors may be at play such as escalating interest rates, inflation, employment shif...

    Buying a house—in any market—is a highly personal decision. Because homes represent the largest single purchase most people will make in their lifetime, it’s crucial to be in a solid financial position before diving in. Use a mortgage calculator to estimate your monthly housing costs based on your down. But if you’re trying to predict what might ha...

    • Robin Rothstein
  3. 2 days ago · The 5-year real estate forecast, according to housing industry experts — plus, tips on preparing to buy a home by 2029.

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  4. Recession Ahead. Forecast made in January 2023. Sharply higher interest rates will weigh on the U.S. economy in 2023. Home prices and retail sales will decline and unemployment will rise. The U.S. dollar’s continued strength against other currencies will further squeeze corporate earnings and export sales, limiting business investment.

  5. Nov 29, 2023 · 2024 Housing Market Forecast and Predictions: Housing Affordability Finally Begins to Turnaround. Featured Articles, Housing Forecast, Market Outlook. Nov 29, 2023. Danielle Hale. Sabrina...

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