Buying a house in 2024: What’s changed?

By Abby Badach Doyle | NerdWallet
At the risk of jinxing it, things are looking up for home buyers.
The average rate on a 30-year fixed rate mortgage has dropped for three consecutive months (and counting). Competition has calmed down a bit — and inflation has, too. And while we’re still technically in a sellers’ market, the inventory of homes for sale in June reached its highest level in more than four years.
Hoping to buy in 2024? If you’re well prepared with a budget a