"Unhealthy" Housing Market Stuck In A Tug-Of-War | Lance Lambert

Frozen inventory vs unaffordable costs. Which will win out in 2024?

While 2023 was a much better year for stocks and bonds, the housing market has fared less well

Instead, 2023 was the year gravity caught up with home prices.

They've stopped rising nationally for the most part, and certain once red-hot cities are now starting to see clear declines.

Is this the Wile E. Coyote moment before prices start plummeting under today's high mortgage rates?

Or will the housing market prove resilient as we enter 2024?

To find out, we'll talk with real estate analyst Lance Lambert, former real estate editor for Fortune and now co-founder & editor of ResiClub.

Lance sees the current housing market stuck in a tug-of-war — rock-bottom inventory levels are keeping prices propped up while near-record unaffordability are drying up demand.

For Lance’s outlook on home prices for 2024, click here or on the image below:

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