The 2024 forecast for real estate and the economy. We predict home prices, mortgage rates and the number of homes sold. We analyze data from NAR and present 15 slides of economic and housing market data dating back to 1981 and show the trends of the real estate market plus what is happening with job growth and interest rates.
00:00 Intro to 2024 real estate forecast 02:19 Home sales 1981-2023 (forecast) 04:26 New home sales 07:41 Single family housing starts 10:17 Existing and new home sales 11:25 Multifamily housing starts 13:31 CPI trend going into 2024 18:18 30 year mortgage rates 19:44 10 year treasury rates 20:11 Monthly job growth 22:57 Job gains by state 24:49 Home price appreciation by state 27:30 Wealth gap between renters and homeowners 28:31 30 year mortgage prediction 30:46 Home sales prediction 2024
