2024 Outlook
Posted by Adam Scott on
Nobody Has a Crystal Ball
But using previous market trends and up to date industry reports, we can make educated guesses at what may happen as we move through 2024.
The winter months are always slow. Inventory is low, buyer interest is lower, sales are down and the average purchase price tends to slump. The market gradually builds steam as we head through February and March. The days get longer and warmer making house hunting easier and more comfortable. Buyers start returning to the market and home owners get some much needed spring cleaning taken care of while preparing their homes for the market. Looking back as far as I can go with the tools I have, it's like clockwork: the market peaks in late spring/early summer every year. In the past two…
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