Housing market predictions 2024: What homebuyers should know

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. In 2024, homebuyers can expect high home prices and slightly lower mortgage rates later in the year. Hopeful buyers should start preparing as early as possible by saving money and improving their credit. Look into affordable mortgage programs and down payment assistance to boost affordability. After watching mortgage rates hit two-decade highs and inventory plummet last year, many hopeful homebuyers are eager to get off the sidelines and into a home.While housing market conditions may ease somewhat this year, a lot of buyers are still going to struggle to find affordability. If you're planning to buy a house this year, here's what you need to know about housing market predictions in 2024, and how you can prepare.Home price predictions...