Why the end of 2024 feels like Buyers Market in Real Estate !

The real estate market is shifting, and the last quarter of 2024 is offering buyers more opportunities than we’ve seen in years. With rising inventory, slowed price growth, and increased negotiating power, this could be the moment buyers have been waiting for.

In this video, we dive into the data behind the trend, including:
• A 4.8% jump in existing home sales from October to November (Reuters).
• A 17.7% increase in available inventory compared to last year (AP News).
• Slowed price growth with the national median home price rising just 4.7% year-over-year (The Wall Street Journal).

We’ll also explore what’s next for mortgage rates, builder optimism, and why the fall season outpaced summer as the hottest home-buying period of the year (Investopedia).

If you’re thinking about buying or simply curious about the market, this video is for you!

Sources: Reuters, AP News, The Wall Street Journal, Investopedia, The New York Post, MarketWatch.

Don’t miss this insightful look into the market—stay informed, stay ahead!