2024 DMV Real Estate Market Outlook

Hey everybody, it's Brian Wilson at The Hybrid Agent. Want to know what to expect from the housing market in 2024? Well, here's what the latest forecasts say and I think you're going to like it. According to expert projections, mortgage rates should come down. Now there's a few reasons for that but the easiest way to explain it is that inflation is easing and that means rates should too. We've already seen rates decline recently and that should continue. But know that there may be some slight volatility here and there. And as rates come down, more houses will come to the market. Why? It's because some homeowners delayed their plans to move last year. And now that rates are a bit lower, some of those people are going to jump back into the market and that means more homes for sale. And as that happens, home price growth will moderate. Basically, prices will continue to climb just at a slower pace and that's good news for affordability. Want to talk more about what all this means for you? Well, I've got you covered. Just reach out at www.thehybridagent.com and let's talk.

#hybridrealestate
#hybridpcs
#thehybridexperience
#realtor
#realestate