A Return to "Affordability"? | 2024 Housing Market Predictions (UPDATE)

"I said that these would also be relatively flat according to my predictions for the year but maybe they would tick up a little bit by December."

"I do think that the most likely scenario is that we will see at least some rate cuts by the end of 2024."

"my guess is that we're going to see the labor market continue to soften throughout 2024 and that should bring down mortgage rates."

"I think they'll come down to somewhere between 0 and 4% year-over-year growth meaning that price appreciation will cool in the second half of the year but I think it's less likely that it will turn negative and we'll actually see losses this year."