2024 Housing Market has a Positive Outlook

Januarys Economic Forecast via Housing wires Logan Mohtashami indicates a good new year ahead.

Key Factors:

• The Labor Market

• Interest Rates

• Builders

• Rents

The growth rate of inflation is falling, therefore things should be better as as this year progresses. Jobless claims are still historically low. Builders grew double digits last year because they could offer rate lock incentives to prospective buyers. Rents continue to increase year over year.

Have questions? What are your thoughts?