Housing Market Predictions 2024 Georgia. “[w]e’re definitely looking forward to a better housing market in 2024 as interest rates start to settle around 6% or even lower,” says jewgieniew. 25.9% of georgia homes sold over their asking price last year, after spending a median 36.7 days on the market.
We began our research with data from the federal housing finance agency, specifically the national mortgage database, and noticed. Georgia and metro atlanta 2024 housing market predictions.
Thinking Of Buying Or Selling A House And Wondering What The New Year Holds For The Housing Market?
Although a recession is no longer forecasted, economic.
We Predict This Trend Will Continue And The Values Will Continue Up Another 4 Percent, At A.
More homes will hit the market as homeowners accept that mortgage rates aren’t falling any time.
Low Levels Of Inventory Mean That Sellers Continue To Have The Upper Hand In The Housing Market.
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After A Year In Which Mortgage Rates Hit Highs Not Seen In 23 Years, Buyers In 2024 Are Expected To Get A Little Relief.
Low levels of inventory mean that sellers continue to have the upper hand in the housing market.
However, The Rate Of Growth May Slow Down Compared To Previous Years.
Based on these and other key metrics.
We Predict This Trend Will Continue And The Values Will Continue Up Another 4 Percent, At A.