Housing market may be thawing as rates dip and listings inch higher

The housing market may be beginning to thaw after a period of stagnation due to historically high interest rates. According to recent data, mortgage rates are dropping, and new listings are up slightly. This may be a sign that more buyers are beginning to enter the market, which could be a catalyst for stabilizing prices. Additionally, the recent tax cuts should provide more disposable income for potential home buyers, which could also contribute to a pick-up in home sales. However, inventory remains low, and some experts are still concerned that home prices may remain out of reach for many buyers.