According to a recent report from Capital Economics, they expect home prices to go up by about 5% in 2024. One reason for this is that there aren't enough houses for sale, which has been pushing prices higher because many people want to buy homes right now. Even though more houses are being put up for sale compared to last year, it's still not enough to meet the demand. Mortgage rates, which are the interest rates on home loans, are also quite high, making it harder for people to buy homes. The report suggests that until mortgage rates go down, and more houses become available, home prices are likely to keep going up. Experts say it might take a few years for things to improve, with more houses being built and mortgage rates getting lower, so that there's a better balance between the number of houses available and the number of people who want to buy them. The Housing Crash Will Be CAUSED By Young Men, Expert Says:null No More 6% Realtor Commissions When You Buy Or Sell A Home: null ➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/need-a-referral For A Collaboration Video For Your Affordable Housing Option Or Comp. https://www.kristinasmallhorn.com/request-a-collaboration LIKE MY MUG Get It Here With Amazon Affiliate Link: https://amzn.to/46OZDhR ➡️Listen to this as a podcast; Apple: https://podcasts.apple.com/us/podcast/real-estate-for-everyone-with-kristina-smallhorn/id1662278826 Spotify: https://open.spotify.com/show/2QicyvJDqZKQKYKfjQSnKA Amazon Podcasts: https://music.amazon.com/podcasts/e15df209-2efa-4b3e-8f91-ecdf96c2620d/real-estate-for-everyone-with-kristina-smallhorn iheartradio: https://www.iheart.com/podcast/269-real-estate-for-everyone-w-106716514/ ➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.html?px=eFNYOWhnTE4wZFE&rsp=3315. Please Feel Free To Drop Me A Email At Info@Kristinasmallhorn.com Or You Can Call Me Direct At: 1-225-246-1812 📭To Send Mail: Kristina Smallhorn PO BOX 1271 Prairieville LA 70769 #housingmarket #homes #KristinaSmallhorn Kristina Smallhorn, Your Real Estate Whisperer kristina.smallhorn@exprealty.com,info@yourrealestatewhisperer.com eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817 225-246-1812, Office (225) 412-9982 ext# 149 Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License 0912122918 Disclaimer: All images and additional video segments contained in the Thumbnails and/or B-roll segments are used strictly with the appropriate permissions and licenses required from https://pixabay.com/ and per the YouTube Partner Program, Community guidelines & YouTube terms of service. As an Amazon Associate, I earn from qualifying purchases at no extra cost to you as a buyer. LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.