Housing Market 2024. Hopeful buyers should start preparing as early as possible by saving money and improving their credit. After benefitting from stable mortgage rates in the first couple of months of the year, the housing market witnessed a slowdown in march due to the rebound in rates.
A crucial difference between 2024 and 2023 will be sales gaining momentum throughout the year instead of losing momentum. According to zillow’s latest forecast, the outlook for 2024 suggests a 1.8% increase in home values nationally.