Real estate market trends from 2023 and projections for 2024.

Today, we delve into the intricacies of the real estate market as we transition from 2023 to 2024. I’m Brett Jennings, and I’m here to guide you through a detailed analysis of the market trends, focusing on interest rates, buyer and seller behaviors, and the impact of these elements on the market dynamics. We’ll explore how the market evolved in 2023 and what we can anticipate in 2024, providing valuable insights for both buyers and sellers. Join me in uncovering the key factors shaping the real estate market and how you can navigate these changes effectively.

Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:

0:00 — Introduction

1:00 — Looking back: Coming out of Covid

1:59 — The chilling effect on the market

4:15 — Where are we heading in 2024?

7:17 — What will happen with mortgage rates?

9:42 — What will this do for transactions?

10:23 — Five factors affecting the 2024 market

11:25 — What should buyers and sellers do?

13:58 — Wrapping up

Remember, if you have any questions about the state of the market, how to give one of these presentations, or about the business of real estate in general, please don’t hesitate to reach out by phone or email. I would be happy to be your resource for all of your business needs.