Housing Market Predictions For 2024

In the latest Federal Reserve meeting held on November 1st, 2023, there was a notable decision not to increase interest rates, maintaining the FED Funds Rate at a steady 5.25%-5.50%. Chairman Powell emphasized a commitment to reaching the target inflation rate of 2%, signaling no immediate plans to decrease interest rates. Concurrently, there was a favorable development for potential homebuyers with a recent decrease in Mortgage Rates. In today's video, we delve into the potential impact of these economic indicators on the California housing market in 2024. Additionally, we'll explore a buyer scenario based on current rates. Don't miss out on this insightful housing market data!


Time stamps:
00:00 Introduction
00:55 why did the FED not raise rates this time?
04:06 California Housing Market
06:39 Predictions for End of year/2024
09:48 Real Time Rate Scenario


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Karan Singh
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