Housing Affordability to MASSIVELY Improve in 2024: Home Prices to RISE

Talk About Houses
Talk About Houses
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Home affordability will rise in 2024 as mortgage rates are forecast to drop substantially.  2023 had the lowest home affordability on record as high home prices and high mortgage rates kept median income borrowers from being able to buy most homes.

The forecast for 2024 is that interest rates will drop below 6% for mortgages and that home affordability will improve also likely resulting in higher home prices.
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