Redfin Media Release
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Chart courtesy of Redfin

Redfin (5 December 2024) Redfin Predicts 2024 Will Be the Year Homebuyers Catch a Break, With Home Prices Falling and New Listings Rising

Highlights from this Redfin News

Prediction 1: Home prices will fall 1%
Prediction 2: New listings will tick up
Prediction 3: Home sales will increase and end the year up 5%
Prediction 4: Mortgage rates will steadily decline–but remain above 6%
Prediction 5: Change will come to the real estate industry
Prediction 6: Renting will lose its stigma
Prediction 7: Biden has a housing problem, which could hurt his re-election bid

Source: Redfin

Your thoughts?

Happy New Year,

Dan