It's been a brutal year for homebuyers. Here's what experts predict for 2024, from mortgage rates to prices.
CBSN
Home buyers faced a tough real estate market this year, with home prices continuing their upward march and mortgage rates reaching their highest levels in more than 20 years. Making matters worse, the number of homes available for sale were scarce, which also pushed prices skyward.
The question is whether 2024 will deliver more of the same, or if homebuyers could see some relief next year. Housing experts provided CBS MoneyWatch with their forecasts for the coming year.
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