Hey there, Future Homeowners and Sellers! At Brazoban Realty Group, we’ve got our sights set on the housing market for 2024. Let’s dive into what we expect and how it might affect your plans in the real estate game.
A Look Back at 2023
Last year was a rollercoaster in the housing realm. Mortgage rates were a wild card, and we saw different expectations for home prices and inventory across the map. But listen, regardless of all that, what’s essential is how this impacts YOU personally.
Upward Trend in Prices
Hold on to your hats—2023 witnessed a bump in the median list and sale prices. We’re talking significant increases, folks! The average rate on a 30-year fixed mortgage is up 0.81% since last December, now at 7.76% since last month, influenced by many factors shaking up the market.
What’s Coming in 2024
Now, looking ahead, our team at Brazoban Realty Group is keeping an eye on what’s next. Our focus? Housing affordability and inventory – these two have the power to steer the ship, you know?
Mortgage Rates on the Move
Let’s talk mortgages. They’ve been on a bit of a ride, and our graph paints a clear picture of these rate changes. Our team has varied opinions on where they might head in 2024, and we’ve got the scoop for you.
The Price Puzzle
Home prices! Ah, the heartbeat of the market. We’ve dissected the recent fluctuations. It’s fascinating to see how these trends impact your decisions.
The Inventory Equation
Housing inventory holds some serious clout. Please take a peek at our graph to grasp the implications of dwindling inventory. This shortage affects you, whether you’re buying or selling.
Insights from Our Experts
We’ve got boots on the ground! Our team of experts are here to help you with bidding wars to price trends and inventory levels, we keep our clients up to date on what to expect locally.
At Brazoban Realty Group, We’ve Got Your Back!
As you navigate this dynamic market, remember, that we’re right here with you. Whether you’re eyeing that dream home or pondering selling, Brazoban Realty Group is your go-to crew.
To sum it all up, we’ve laid out a comprehensive guide for you. We’ve got the insights, the data, and most importantly, the commitment to helping you thrive in the real estate world in 2024.
Let’s Chat!
We’re just a call or a message away. If you have questions, need advice, or simply want to chat about your real estate plans, the Brazoban Realty Group team is here, eager and ready to assist you in this exciting journey.
