2024 Housing Market Forecast | Orange County Real Estate Market

The 2024 Housing Market in Orange County California Is About To Heat Up As We Head Into The Spring Housing Market. How will that impact you as a buyer or seller in 2024? In this video we discuss the housing market forecast for orange county real estate along with predictions on mortgage interest rates and house prices to help you make the decision on whether you should buy now or wait?

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Jeb Smith (Huntington Beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty

#huntingtonbeach #surfcity #realestate

[brok]

I like coming here to get your opinion, it's more down to earth. There is only so much real estate crashes, housing bubbles video I can watch.

[georgeschlereth]

Markets done son, banks are run on credit and the debt that's going on is higher then ever, watch that stock market start to crumble

[stevenap]

I think interest rates will continue to go up due to upgrade buyers buying new construction homes which will raise CPI. Home sellers will try to either sell/rent their existing home but will get caught trying to unload into a market with high prices and even higher rates. This will cause rents to decrease and existing home inventory to rise more. I’d imagine it’d shave off no less than 10% on a National level. Given the lack of building in CA homes will have lots of price drops but they won’t sell which will be even worse because it’ll completely seize up the market out there.