Buyer's Market is Here | Housing Market Update

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Experts now predict the first interest rate cut in September, not June, and they aren't sure it will happen then either. Meanwhile, Redfin reports that home prices hit an all-time high in mid-May, up 4% from last year.

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Sweet buyers market. Who's going to catch the falling knife.

Stain
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Seems like in the DC area it is still mostly crazy with many houses going in less than a week for close to $100K above asking.

ScottH-bier
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I doubt they cut rates at all this year. And to think they were saying 7 cuts or some such nonsense at the beginning of the year.

james
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My Zillow home value was $167, 200 yesterday. Today it's $222, 000, a 33% jump. What's going on?

zztops
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Up 4% inflation 30% isnt that a loss of 26%

GTPInternational
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The housing market is not getting better. You will own nothing and be happy.

scotthookey
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