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Is 2024 a Good Year to Be a Realtor®? -EP255- Real Facts on Real Estate
Manage episode 391811658 series 2561462
Konten disediakan oleh Shawn Patrick Moloney. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Shawn Patrick Moloney atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
In this episode we discuss that the past several years have been a wild ride with real estate going from the lowest interest rates in history to one of the fastest interest rate hikes in history. This has led to one of the least affordable times to own a home in over 11 years. The Fed has announced that it will be cutting interest rates across the year in 2024. This means that more buyers will qualify each time they lower the rate. 2023 was such a challenging year for Realtors® that many decided it was best to get another job. This trend may remain the same across the year for 2024 due to the lack of transactions with home owners not willing to sell and lose their super low interest rate.
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