It’s been a brutal year for homebuyers. Here’s what experts predict for 2024, from mortgage rates to prices.
by CBSnews
It’s been a brutal year for homebuyers. Here’s what experts predict for 2024, from mortgage rates to prices.
by CBSnews
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Homebuyers faced a tough real estate market this year, with home prices continuing their upward march and mortgage rates reaching their highest levels in more than 20 years. Making matters worse, homes for sale were in short supply, putting more upward pressure on prices.
The question is whether 2024 will deliver more of the same, or if homebuyers could see some relief next year. Housing experts provided CBS MoneyWatch with their forecasts for the coming year.
**Read more:** [https://www.cbsnews.com/news/real-estate-2024-mortgage-rates-cbs-explains/](https://www.cbsnews.com/news/real-estate-2024-mortgage-rates-cbs-explains/)