New listings will come on the market this month and build throughout the winter.

by | Dec 31, 2023 | Forecast

Sales will be steady. Mortgage rates might slide down slightly, but don’t expect anything below 5% for a long time, staying closer to 6% for a 30-year loan for most of 2024. Prices will move up equally with inflation. Buyers will insist on homes to be in near perfect condition and plan to find the best value. 2024 will be similar to 2023 when it’s done.