Real Estate Market Economics

©Featured image copyright Bonnie Meisels   Economic Outlook For 2024   The economic outlook for 2024 as we look ahead to 2024, we have to consider the economic outlook on a global scale, as well as within specific regions such as Canada and the Quebec province. Three key factors that will play a significant role in shaping the economic landscape are interest rates, consumer confidence, and real estate. Interest rates have a direct impact on borrowing costs and investment decisions. As we move into 2024, it will be crucial to monitor whether central banks opt for tighter or looser monetary policies. The trajectory of interest...

Gary Keller's Real Estate Market Insights 2023   Gary Keller's real estate market insights for 2023 give us the visual data and breakdown of how many U.S. households have no mortgages on their property. What percentage of homeowners have more than 50% equity in their residences, and lastly, what percentage of owners still have a mortgage in the U.S.   The data is very insightful as it provides a surprising picture of current real estate equity. The percentage of people with less than 50% equity in their property was found in the smallest group of the 3.   https://youtu.be/hPAlEA5bFYo?feature=shared A look at the latest insights on the...