
This time last year, things seemed to be improving for the U.S. housing market. Mortgage rates and inflation were falling. Inventory was on the rise. Home prices appeared to be leveling off. And when the Federal Reserve cut the federal funds rate by half a point in September 2024, it looked as though mortgage rates might drop further.
Be Aware: Barbara Corcoran — This Is the ‘Real Problem’ With the Housing Market Right Now