We expect home sales to continue on a solid path for the foreseeable future.

by | Apr 15, 2024 | Forecast

Inventories will stabilize, and sales will stay steady. Mortgage rates are not going to come down for quite a while as we see economic news of higher inflation. New construction housing starts have slowed and will affect inventory levels. High demand and little supply always drive prices up, and we see this everywhere. Investment in hard assets, such as real estate, is a recommended strategy for this economic environment. Homeownership provides safety as well as a place to live, especially in the Sioux Empire.