Rates Fall as 2024 Loan Limits Increase. Will home prices increase or decrease?

We’re ending 2024 on a semi-positive note with mortgage rates falling as we head into December 2024. It’s a nice change coming from the fall where we saw pending home sales drop to a record low (even worse than the numbers seen in the great financial crisis of 2008/2009. So what’s the future hold in store for mortgage and real estate in 2024?!?