Mid-Year Housing Forecast Revealed!
Posted by Dan Kennedy on
With home prices rising and mortgage rates fluctuating, many are wondering if now is the right time to buy or sell. Fortunately, experts have insights to help guide your decision.
Here’s what leading housing experts are saying about the rest of the year:
1. Mortgage Rates May Decrease Slightly
While a big drop isn’t expected, rates are likely to decline modestly as the economic outlook stabilizes. Even a small decrease could lower your monthly mortgage payment, offering some breathing room in your budget. However, keep in mind that inflation, employment, and the broader economy will affect rates, so expect some ups and downs.
2. Inventory Will Continue to Grow
Home inventory has already improved this year, and experts…
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