Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall.
Source: Inman News
Home prices hit new highs in 2024. These 2 factors could ease the pain
Published in affordability, economy, fannie mae, federal reserve, First American Financial Corp., first-time homebuyer, freddie mac, home price appreciation, home prices, homebuilding, House-Buying Power, inflation, Jacob Channel, los angeles, Mark Palim, Markets & Economy, Mortgage, mortgage lock-in effect, mortgage rates, national association of realtors, Odeta Kushi, Real House Price Index, recession, san diego, san francisco, san jose, Select, wages, year ahead and year end
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