Here’s a new housing market forecast through 2023 and 2024! Fannie Mae revised their previous month’s forecast based on the historically low inventory levels for existing houses. Therefore, they revised upward their home sale forecast for 2023 but even with that revision their real estate market predictions is that total home sales in 2023 will be at the lowest levels since 2011.
In today’s video, I share that as well as their real estate market forecast for housing starts, home sales, home prices and mortgage rates through 2024. Enjoy! Please like and subscribe!
To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6.7% for the current mortgage rates for people with exceptional credit (at the time of filming this video).
➜➜➜ Email me if you’re looking to buy or sell a home in the greater Sacramento area (w/n ~30mn drive from Sacramento): [email protected]
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.
This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent with Realty One Group in California under DRE 01923240.
