Will Home Prices Drop in 2024? Housing Market 2024 Predictions

Robert O'Keefe - ROK Realty Group
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🏡 Hey there! Real estate enthusiasts! Happy New Year! 🎉 We hope you had a fantastic start to 2024. In our latest video, we're diving into the predictions for the real estate market this year. Here's what you can expect:

🌐 Forecast & Predictions for 2024: Get the lowdown on what Zillow, Realtor.com, Fannie Mae, Redfin, NAR, and CoreLogic are predicting for home prices in 2024.

📍 Importance of Localized Data: Understand why it's crucial to consider your local market when analyzing these predictions.

🔍 Anomaly Years: Dive into the anomaly of 2021 and 2022, which saw double-digit gains in home value, and discover how 2023 deviated from the predicted decrease.

🔄 Recap and Realism: We emphasize the need to view these predictions as just that – predictions – and to base your plans on your individual needs and goals.

📊 Average Projections: Discover the overall average projection for home value increase in 2024 and how it compares to the yearly average.