Valerie Meyers Blog

Large Inventory of Vacant Land Ready To Build Main Photo

Large Inventory of Vacant Land Ready To Build


Posted: May 14, 2024 by Valerie Meyers

As we take a look at the housing market insights moving into Quarter 2 of 2024, we see that the market is showing signs of stabilizing after a turbulent period. With moderate shifts in home values and a slight increase in inventory, pressures are beginning to ease as we move further into 2024. While affordability remains a significant concern for many potential home buyers, current market conditions reflect a balancing act between high home prices and stabilizing mortgage rates.

 

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