6 leading real estate economists and pros on what to expect from the housing market this winter
“With the Fed switching to a smaller rate hike in February, mortgage rates will continue their downward trek and a lower mortgage rate improves affordability, bringing more buyers back to the market,” says Nadia Evangelou, senior economist and director of real estate research at the National Association of Realtors (NAR). For his part, Channel also says lower rates also might bring at least some buyers back.