As we enter the second half of Q1, persistent inflation and a constrained supply of housing inventory continue to present notable challenges for the real estate industry. Consumer credit card debt and income disparity are both on the rise as well, and our national debt has reached an all-time high. Despite these challenges, WFG Chairman and Founder Patrick Stone expresses cautious optimism for the second half of 2024, citing an increase in builder activity and predicting a favorable shift in interest rates beginning in Q3. In this episode, Pat delivers an upbeat forecast, but cautions about several wildcards that could impact the economy and real estate market conditions adversely. Hear what Pat predicts for the remainder of the year in this latest episode of WFG Insights.
