Real Estate is Ready…for a New Year!The real estate market in 2023 was difficult, to say the least. Nationwide, the number of sales in 2023 decreased 18% over 2022. This was on top of the
Can we expect more of the same in 2024? It all hinges on the forecast that interest rates will continue to decline.
Dated: January 31 2024
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Real Estate is Ready…for a New Year!
The real estate market in 2023 was difficult, to say the least. Nationwide, the number of sales in 2023 decreased 18% over 2022. This was on top of the previous year’s sales, which also declined by 18%. Can we expect more of the same in 2024? Yes and no. It all hinges on the forecast that interest rates will continue to decline. And most economists agree this will be the case. Find out what all of this means for the Philadelphia real estate market in this latest edition of Market Insights.
Reach out directly to me if you want to discuss how the current market may affect your real estate plans. I'm here to help!
Kevin Wilkins
A Philadelphia resident for 14 years, Kevin graduated with honors from Temple University. Kevin is a multi-faceted leader who brings diversity and creativity to The Center City Condos & Homes Sale....
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