Why the market is primed for a mini-rally this fall
Real Estate News
SEPTEMBER 5, 2024
More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.
Sat.Aug 31, 2024 - Fri.Sep 06, 2024
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Housing inventory falls as mortgage rates drop
Housing Wire
SEPTEMBER 1, 2024
Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer, so if the economy gets softer and rates fall, we have many more homes to work with than we had in 2020-2023. I have consistently written that with mortgage rates above 7%, inventory should grow between 11,000-17,000 and this year it has happened six times perfectly in the channel.
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Early Forecasts for the 2025 Housing Market Infographic
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With new industry rules now in effect, the association has released additional resources for buyers and sellers that focus on ethics and steering.
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