Housing Market 2024 Usain Bolt

Housing Market 2024 Usain Bolt. A decline in mortgage rates at the tail end of buying season is. Housing affordability remains challenging across much of the us, particularly with the increase in housing prices over the last few years.

According to zillow’s latest forecast, the outlook for 2024 suggests a 0.2% decrease in home values nationally. We expect mortgage rates to decline further in 2025 to below 6.5%, further stimulating the housing market by making homeownership more affordable.