Stewart Agency Economic Summary Report, 1Q24
Gain Insight into Current Real Estate Market Challenges
A The economic theme of uncertainty has now stretched into its fourth year. While there was no anticipated recession, market forces remained strong, driven by consumer spending, higher interest rates and low supply. Though the Federal Reserve has paused activity on rates and promised future cuts, they have not been forthcoming with plans, frustrating the market. Homeowners are staying on their property longer and listing prices are driving down demand. What does all this mean for the real estate professional who would appreciate an elusive crystal ball?
Jeff Lanier, Stewart Vice President, Financial Planning & Analysis, created a thorough Agency Financial Advisory Services Economic Summary that covers, among other topics, the impact the Fed’s pause on interest rate hikes has had on the economy and our industry.
Highlights of the Economic Summary Report
- How will the pause in interest rates affect the real estate market? When will the Fed make its next move?
- From a macroeconomic perspective, what are the leading and lagging indicators?
- How low must inflation go before interest rates are impacted?
- What is the immediate future for U.S. home sales?
You can download and read the full report here.
To learn more about Stewart Agency Financial Advisory Services or other services for independent title agents, visit our Agency page and connect with your area Stewart Agency Representative.
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