Will the 2024 housing market be as bad as the 2023 market? How did the 2007-2008 financial crisis trigger today’s affordable housing struggles? Why is homeownership a pipedream for many Americans? Stricter lending standards and sky-high home prices have rendered homeownership increasingly unattainable for many Americans. Despite slight improvements expected in 2024, long-term housing affordability remains uncertain due to supply shortages, high prices, and increasing economic inequality. Keep reading for an idea of what’s in store for the year ahead.
2024 Housing Market Predictions: Will It Improve?
