Mortgage Rates Should Ease Slightly
Experts project rates should be in the mid-to-low 6% range by the end of the year as greater certainty unfolds in the economy.
Inventory Will Continue to Grow
You already have more options because inventory is up 30% compared to this time last year. And if rates do come down, more homes will come to the market.
Home Price Growth Will Slow Down
As inventory grows there will be less upward pressure on prices. So, price growth is expected to moderate nationally. But this will vary by local area.
Some Highlights
- Are you wondering what to expect if you buy or sell a home in the second half of the year? Here’s what the expert forecasts tell you.
- Mortgage rates are expected to come down slightly. There will be more homes available for sale. And as inventory rises, home price growth will moderate.
- Want to know what this could mean for your plans? Connect with The Aaronson Group and talk through it together. Call 949-388-5194 or Email: info@previewochomes.com