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14min chapter
174: Zillow and Redfin Top Economists Give Their 2024 Housing Market Predictions
On The Market
State of the Average American Consumer and Predictions for the Housing Market
This chapter analyzes the current state of the average American consumer and predicts the future of the housing market. It discusses the financial challenges faced by consumers, such as credit card delinquencies and student loan repayments, but also highlights the positive aspects such as real income growth and a strong labor market. The chapter explores the disconnect between macro data and people's perception of the economy, and provides an outlook for the housing market in 2024, including improvements in affordability and increased inventory.
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Discover
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