Related Video Millions of homes could flood the US housing market thanks to boomersDanielle Hale, the chief economist at the real-estate listings and data site, said that a "Trump bump" may affect the housing market, but it will take time to determine how.
"For now, we expect a gradual improvement in housing market dynamics powered by broader economic factors.
AdvertisementHere are five predictions on the housing market from Realtor.com.
Mortgage rates stay above 6%Thirty-year mortgage rates have seen a small dip since last year, from 7.22% in late November 2023 to 6.81% during the same time this year, according to FRED.
While the housing market overall may still favor sellers, more homes for sale can help buyers secure better deals and more concessions.
Persons:
hasn't, Danielle Hale, Hale, Louis, FRED, Realtor.com, —
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Federal Reserve Bank of St
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Realtor.com