Interest Rates and the Housing Marketing in 2024 with Elliot Eisenberg
Manage episode 415622308 series 3491067
With market fluctuations and economic indicators impacting real estate more than ever, understanding these dynamics becomes critical for everyone from first-time homebuyers to seasoned investors.
In this episode, I’m joined by none other than Elliot Eisenberg, Ph.D., an internationally acclaimed economist known for making economics engaging and entertaining. Elliot's insights are going to shed light on why the housing market is moving the way it is and what that means for you, whether you're in the market or just fascinated by economics.
We tackle everything from the looming chance of a recession and how it might play with house prices, to why the housing market may still have a few aces up its sleeve despite interest hikes.
So, don't miss out on this one. Whether you're in the market right now or just love to keep up with real estate trends, this episode is packed with insights that matter to you.
Specifically, this episode highlights the following themes:
- The impact of interest rates on the housing market
- Predictions for the housing market in 2024
- Strategies for navigating the current real estate landscape
Links from this episode:
- Get to know more Elliot Eisenberg: https://econ70.com/about
- Learn more about Econ70: https://econ70.com
- Text BOWTIE to 66866 to subscribe to Elliot’s daily 70-word economics commentary
1ae5b43598204883b524f061d4880e6d10fca88c (for podfollow.com)
Kapitel
1. Introduction (00:00:00)
2. About Elliot Eisenberg (00:01:27)
3. Auto and housing sales are strong despite challenges (00:04:54)
4. Americans spent $2.2 trillion COVID savings (00:06:39)
5. Increased labor productivity key to job growth (00:11:32)
6. Firms are automating to improve productivity and costs (00:13:05)
7. The outlook for the housing market in 2024 (00:18:19)
8. Commodity prices fluctuate, but packaged goods don't (00:22:46)
9. US top natural gas producer; global production increases (00:24:43)
10. Narrowing interest rate gap boosts housing market (00:29:09)
11. Minimal impact of potential recession on housing (00:32:39)
12. Sign up for Elliot Eisenberg's economics newsletter (00:34:40)
78 Episoden