The 2024 Real Estate Market Outlook

What will the real estate market be like in 2024? NAR Chief Economist Lawrence Yun looks ahead by discussing the most recent existing-home sales data and the 2023 real estate market. REALTOR® Kevin Sears from Springfield, Massachusetts explains how he thinks home sellers will approach 2024 with the expected drop in interest rates. Jim Tobin, president and CEO of the National Association of Home Builders, shares the challenges home builders are facing in 2024 and what solutions would help increase new home construction. Adam Long, president of HomeTeam Inspection Service, discusses how home buyers and sellers are expected to treat home inspections during a transaction. REALTOR® Irene Sawyer from Blowing Rock, NC shares how her battle with breast cancer led to the foundation of the High Country Breast Cancer Foundation, which helps pay for cancer care in six counties in the mountains of North Carolina. Also, Melissa Dittmann Tracy looks at whether the color tones pink and orange are hot or not.