Drunk Real Estate
E29: 2024 Predictions
Jan 3, 2024
Real estate investor J Scott, YouTube content creator Mauricio Rauld, entrepreneur AJ Osborne, and investment expert Kyle Wilson discuss their 2024 predictions in the housing market, including the best performing asset class and the impact of millennials on home ownership. They also touch on the potential of a recession, the significance of warehouses, and the future of AI technology. The speakers share their concerns about various issues that may arise, speculate on Travis Kelsey's relationship, and mention Taylor Swift.
01:42:34
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Quick takeaways
- Mortgage rates are predicted to slightly decrease by the end of 2024, potentially reaching around 5% and increasing the buyer pool.
- Opinions are divided on home values, with some predicting a slight softening of 2-5% due to economic softening and excess supply, while others believe values will hold steady with minimal changes.
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Mortgage rates
The panel predicts that mortgage rates will slightly decrease, with rates potentially reaching around 5% by the end of 2024. The expectation is that the softening of rates will increase the buyer pool.
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