The signals for 2024 are for barely improved inventory, more selection for consumers. But purchaser demand is inching greater too, so the market stability looks as if it will continue into the following yr, that means the housing market is unlikely to crash anytime soon. Meanwhile, owners who would normally promote their properties to downsize or move up have a stronger financial place to begin to work from due to record growth in home equity lately. As of June, 62% of home owners with mortgages had rates beneath 4%, and 92% had rates below 6%.
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