Ep. 124 - 2024 Housing Market Trends & Market Outlook
Ep. 124 - 2024 Housing Market Trends & Market Outlook Will 2024 bring the greatest market crash in our lifetimes? In this episode, Quinton analyzes this prediction in depth, providing his own housing market outlook for the coming year. Amid high inflation, rising interest rates, and an impending presidential election, many are concerned the bottom may fall out from under the real estate market. Quinton believes this likely won't be the case given strong demand drivers, including favorable migration patterns and ongoing inventory shortages. Listen to this episode to understand why an all-out crash is unlikely, even if select resets occur.
[00:00 - 01:26] - Introduction & Opening Segment
[01:27 - 04:12] - 2024 Housing Market Trends
[04:13 - 04:56] - Lack of Inventory Driving Prices Up
[04:57 - 08:02] - Changing Migration Patterns
[08:03 - 13:16] - Economists Suggest Housing Crash is Coming
[13:17 - 17:43] - Why the Housing Market Isn't a Bubble
[17:44 - 20:25] - Correction vs Crash in 2024
Key Quote:
"I do disagree with 90 percent of this article. I think it's a lot of fear mongering.” - Quinton Harris _______________________
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