📈Zillow predicts that home values will hold steady in 2024, with a slight decrease of 0.2% compared to 2023.
🏠Limited inventory and high buying costs make it challenging for buyers to find affordable homes.
💰Renting may be a more affordable option for many, leading to increased demand for single-family rentals.
🔍Buyers may overlook minor flaws in properties due to limited choices in the market.
📉Home sales are expected to remain low, with limited inventory and high buying costs.
What does Zillow predict for home values in 2024?
—Zillow predicts that home values will hold steady in 2024, with a slight decrease of 0.2% compared to 2023.
Is it a good time to buy a home in 2024?
—Buying a home in 2024 may be challenging due to limited inventory and high buying costs. Renting may be a more affordable option for many.
Will home sales increase in 2024?
—Home sales are expected to remain low in 2024 due to limited inventory and high buying costs.
What should buyers consider when looking for a home in 2024?
—Buyers should be prepared to overlook minor flaws in properties due to limited choices in the market.
What is the demand for single-family rentals in 2024?
—Renting may be a more affordable option for many, leading to increased demand for single-family rentals.
00:00Zillow predicts that home values will hold steady in 2024, with a slight decrease of 0.2% compared to 2023.
01:58Limited inventory and high buying costs make it challenging for buyers to find affordable homes.
06:02Buying a home in 2024 may be challenging due to limited inventory and high buying costs. Renting may be a more affordable option for many.
11:01Buyers may overlook minor flaws in properties due to limited choices in the market.
13:55Home sales are expected to remain low in 2024 due to limited inventory and high buying costs.
