Fannie Mae: Home Prices Expected to Fall through 2024

New Forecast! Fannie Mae released their housing market forecast and real estate market predictions through 2024. They are predicting a big slowdown in home sales and home prices in 2023 given the fact that mortgage rates have more or less doubled so far this year. Therefore, it’s no surprise their housing market forecast 2023 is calling for a further slowdown but their forecast for 2024 is interesting to say the least…. In today’s video, I share all the details! Enjoy!

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Compilation of Housing Market Forecast videos:

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6.3% for the current mortgage rates for people with exceptional credit (at the time of filming this video).

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Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

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Jason Walter, CPA (lic 103885)
Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
[email protected]

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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.

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#realestate #Redfin #housingmarket