What is the real estate market outlook in 2024, but first let's take it back to 1998

What is the real estate market outlook in 2024, but first let's take it back to 1998

 

First, let's go back to the year 1998 as I hug tight the beanie babie I received in a happy meal. My three siblings and I would all hop on my older brother's peg bike (really safe, right!?), go to blockbuster and the local park where we would spin at dangerously high speeds on the merry-go- round and have a round or two of arm wrestling. My younger sister is super close in age so most the time I could beat her but other times, it would be a stale mate.
 
This is kind of where we are in the real estate market. Sellers kind of have an upper hand in the wrestling match with predicted appreciation of 1-5% but inventory is growing. While your favorite local blockbusters have gone away, buyers and demand for real estate are not going anywhere.

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