HousingWire’s Logan Mohtashami on the Housing Market Outlook for 2024
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In this episode of the Top of Mind podcast, Mike Simonsen sits down with Logan Mohtashami, lead analyst at HousingWire, to talk about his housing market predictions for 2024. Logan looks at inventory challenges, offers his take on what to expect with mortgage rates, and gives his forecast for prices, home sales, and more. He also shares which signals we should be watching for shifts in the market in the coming year.
Here’s a glimpse of what you’ll learn:
- How to think about interest rates and likely Fed moves in 2024
- His predictions for home prices, home sales, and inventory in 2024
- What we can we expect from home sellers in 2024
- Whether inventory can ever get back to the old normal levels again
- How Millennials are impacting the housing market, and what to expect as they age
- His favorite forward-looking indicators for the real estate market
- What signals to watch to see a recession coming
- What he got wrong looking at 2023, and how that shifted his thinking about 2024
Related to this episode:
The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country – all the pricing, and all the changes in pricing – and synthesizes those analytics to make them available before becoming visible through traditional channels.
