Bank of America predicts major housing market changes are coming soon
Housing market conditions are improving, but buyers remain hesitant to commit.
Homebuyers occupy faced an unpredictable housing market over the past few years. Rising dwelling prices and stubborn mortgage rates occupy introduced on many Individuals to lengthen their plans for homeownership as they await housing prerequisites to red meat up.
Mammoth financial uncertainty and the ongoing housing market gridlock occupy dampened purchaser self belief, leaving the outlook for 2025 up in the air. Even supposing housing inventory is finally growing, outdated inquire of may per chance suppress housing sales.
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