Posts from November 16th, 2023

The new year is right around the corner and the housing market forecast is looking pretty good. Let's take a look at prices and number of sales.

Experts Forecast Ongoing Home Price Appreciation

Experts from Fannie Mae, the Mortgage Brokers Association and the National Association of Realtors, have all weighed in on their housing market forecasts for next year. On average, they forecast prices will end this year up about 2.8% overall, with Omaha likely being even higher than that. And they forecast an increase by another 1.5% by the end of 2024. That's big news, considering so many people thought prices would crash this year. The truth is, prices didn't come tumbling way down in 2023, and that's because there just weren't enough homes for sale compared to the number of people who wanted or needed to buy them, and that...

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