170: The Hot Housing Market Returns? | Zillow’s 2024 Housing Market Predictions w/Orphe Divounguy
A “reset” could be coming to the housing market in 2024. As mortgage rates fall, inventory rises, and consumer wealth begins to grow, more and more renters are in the position to buy. An economic “trifecta” could form that brings us back into a hot housing market, but will it be anything like 2021 and 2022? We’ve got Orphe Divounguy, Senior Economist at Zillow, back on the show to give Zillow’s 2024 housing market predictions and share where he’s personally looking to invest.
2023 was an impossible year for homebuying. Rates were high, inventory was non-existent, and fears of a recession made…
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