Housing Market Update: Declining Mortgage Rates Lure Sellers Off Sidelines, Paving the Way For 2024 Buyers
Listing consults with Redfin agents have risen significantly since rates began to fall last month. Our economists expect buyers will take advantage of lower rates and more listings in the new year, after the typical holiday slowdown. This week’s falling mortgage rates, sizable year-over-year increases in both new listings and listing consults with Redfin agents,