Housing Rebound? What December's Data Says About the Year
Description
In this month’s market report, we analyze the shifting dynamics of the real estate market as 2024 came to a close. Nearly 60 major markets, including Raleigh, Salt Lake City, and Fort Wayne, experienced declines in home prices, signaling potential opportunities for investors. However, rising inventory and days on market didn’t lead to price drops everywhere, with some markets holding firm or even appreciating.
We explore regional trends, highlight the top-performing and cooling markets, and uncover why this transitional phase in real estate presents unique challenges and opportunities.
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