How will the real estate market be in 2024?

Real estate professionals such as real estate agents and lenders have been very optimistic that entering the year, home sales will begin to rise again. If the Federal Reserve starts lowering interest rates, professionals are afraid it will cause a high demand from buyers.

Most buyers are hoping for this to happen so that they can purchase with much lower interest rates. For this reason, now is a good time for them to buy before that occurs.