Builders Are Building Smaller Homes

There’s no arguing it, affordability is still tight.

There’s no arguing it, affordability is still tight.
Over the past year or so, a lot of people have been talking about how tough it is to buy a home.
Chances are you’re hearing a lot about mortgage rates right now.
Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase…
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.
In recent years, there’s been a significant shift in how wealth is distributed among generations.
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.