ilmscore | Housing Market Predictions
73.7%
Accuracy

Recent Predictions

Total: 162
Correct: 14
Incorrect: 5
Pending: 143
Prediction
Author
Predicted at
Status
Video
Sustained higher interest rates will exert downward pressure on the demand for homes.
"if interest rates stay higher for longer that will put more pressure on the economy and that'll put ..."
Mar 28, 2024
Pending
An increase in new home construction and more sellers listing their properties will move the housing market closer to equilibrium.
"if we continue to see more inventory being built and more sellers selling their homes that would pus..."
Mar 28, 2024
Pending
A strong job market and rising incomes will sustain demand in the housing market.
"if people have jobs and incomes are rising that will continue to produce more demand in the housing ..."
Mar 28, 2024
Pending
The White House, under President Biden, plans to introduce new programs aimed at making housing more affordable.
"President Biden during his State of the Union said that housing is too unaffordable and he wants to ..."
Mar 28, 2024
Pending
House prices are predicted to experience a significant rally within the next 3-4 years (by 2027-2028), contingent on interest rates decreasing.
"I think in the next sort of three four years what ordinary people will see is the mother of all hous..."
Mar 27, 2024
Pending
Realtor.com forecasts a 14% surge in existing home sales and an 8.3% rise in home prices in Toledo, Ohio, and a 10.4% home price gain in Rochester, New York, for the current year.
"realtor.com forecasts that in Toledo Ohio existing home sales will surge 14% And home prices will ri..."
Mar 20, 2024
Pending
Austin is projected to see a 12.2% decline in home prices, St. Louis an 11% drop, Dallas an 8.4% drop, and Denver a 5.1% drop.
"On the other hand more trendy neighborhoods will fall significantly like Austin which is projected t..."
Mar 20, 2024
Pending
With potentially only two or three Fed rate cuts in 2024, mortgage rates are likely to remain elevated, leading to another tough year for the real estate market.
"bosk says you know he's kind of thinking maybe lower rates like twice this year and Rafael bosk is p..."
Feb 19, 2024
Pending
If the Fed lowers rates and mortgage rates drop significantly, housing inventory could surge, potentially leading to a massive decrease in home prices rather than a bullish trend.
"at some point in time if the FED lowers rates enough and mortgage rates go down enough the inventory..."
Feb 19, 2024
Pending
If mortgage rates rise into spring 2024, the real estate market will be cold.
"if mortgage rates continue to creep up as we go into spring it's going to potentially make the real ..."
Feb 19, 2024
Pending
When interest rate cuts begin, pent-up demand in the housing market could lead to bidding wars and disproportionate increases in home prices.
"when we actually start to see interest rate Cuts we could see a bidding war for many of the houses t..."
Jan 31, 2024
Pending
Mortgage rates are predicted to have a significant influence on the housing market in 2024.
"mortgage rates are going to play a big part in the housing market in 2024"
Jan 24, 2024
Pending