Inventories might increase slightly as more homeowners are preparing for a spring-summer move.

by | May 1, 2024 | Forecast

Mortgage rates are not going down but should stay in the 6%-7% range all year. Some think it’s an election year and the Feds may help the administration, but inflation is too hot for that to happen. Prices will most likely stay flat from start to finish with swings in between. All in all, it is a solid market, not much different than many normal years. Hard asset (housing) investment is still highly recommended.