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- The housing market might be looking a bit brighter for prospective home buyers.
- Inventory is rising and mortgage rates are far from the highs hit in 2023.
- Real estate vets pointed to three signs the market is looking friendlier for buyers.
The housing market may be starting to turn a corner, offering frustrated buyers a chance to jump back into the market after a long stretch of dismal prospects.
The looser conditions are arriving after a rocky few years for the US housing market, with home sales tanking to their lowest level in 30 years in 2023 and mortgage rates jumping to multi-decade highs.
Soon, though, buyers re-entering the market may be greeted by better conditions than they faced in 2023.