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Its hard to tell where things are headed Areinterest ratesgoing down?
Will there be more supply soon?
Does the election affect any of this?
Keep reading for a closer look at where the market could beby the end of fall.
The next Federal Open Market Committee (FOMC) meeting is scheduled for September 17 and 18.
Nevertheless, I do not expect rates to decline significantly by the end of the fall 2024.
However, he remains cautiously optimistic about potential further cuts.
Buyers will benefit from a more affordable landscape, and sellers will benefit from the uptick in demand.
I am very optimistic about the housing market post the presidential election, she said.
I have been a practitioner for 31 years, so I have been through seven election cycles.
James Kramer, another Arizona-based realtor withHomeSmart, provided a complementary perspective.
Supply and Demand Dynamics
No one can deny the supply issues affecting the housing market.
Sustainability and Energy Efficiency
Lastly, Mendenhall highlighted an emerging trend in the housing market.
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