Is Your Anticipation For Real Estate Finally Paying Off?

Sales of existing homes will grow moderately as buyers. It allows a high percentage of current homeowners to pay for their next home with cash. Now, contrast that with the renter whos trying to get a starter home. Whartons susan wachter is cautiously optimistic of 2025, noting that reining in inflation remains the key to reviving real estate markets. After a year in which mortgage rates hit highs not seen in 23 years, buyers in 2024 are expected to get a little relief.

Housing market characteristics had a larger influence on selling intentions than last quarter. Homebuyers and sellers are buzzing as the federal reserve is expected to drop interest rates today for the first time since 2020. While the fed doesnt set mortgage rates, fed. The fed is anticipated to reduce its.