The US housing market has been in a state of flux since interest rates bottomed out during (and directly after) the COVID-19 pandemic.
While most industry experts agreed that these lower interest rates would likely cause ripples that lasted for a while, most people probably didn’t expect the issues to last as long as they have.
Springtime is typically a busy time for realtors and lenders. Thanks to nicer weather and longer days, people are more interested in viewing properties that they’re interested in buying.
The cold temperatures of winter are gone, and people who work traditional 9-to-5 jobs can leave their offices and go view properties much later into the evening.
However, there’s no escape from the fact that our current real estate market has not fully bounced back to its pre-COVID levels. With that in mind, what can you expect in 2024?