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3 Housing Market Predictions for 2024

Posted by Christopher Lazaro on December 15, 2023
Real Estate & Mortgage News
0

Home prices are expected to remain high in 2024, with limited inventory and high mortgage rates contributing to the elevated prices. Mortgage rates may fall slightly, but not significantly. Prospective buyers are advised to save for a down payment and work on improving their credit score. Wells Fargo and Chase savings accounts are not recommended for those looking for high-yield savings options. Income levels determine class designation, with the upper class having incomes of $149,132 or higher. Higher income levels generally lead to higher net worth and easier wealth accumulation.

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