Brian Buffini has forecast real estate trends and developments with incredible accuracy for many years. In his 16th annual Bold Predictions show, he interviews NAR Chief Economist Dr. Lawrence Yun for a market update. He also predicts what’s next for the industry and sets out the action steps you must take to achieve phenomenal success in 2024.
YOU WILL LEARN:
MENTIONED IN THIS EPISODE:
The National Association of REALTORS®
Do It N.O.W.
NOTEWORTHY QUOTES FROM THIS EPISODE:
“Sales are definitely down, but home prices are still holding on at near record-high levels.” – Dr. Yun
“The Federal Reserve is probably going to cut interest rates three or four times. The bond market is anticipating that move and has pivoted already.” – Dr. Yun
“There's a significant pent-up desire for sellers to move.” – Brian Buffini
“90% of consumers want to work with a trusted agent.” – Dr. Yun
“Reach out to your past clients. They're all in a happy mood. They have built sizeable wealth and they may be associating that happiness with you.” – Dr. Yun
“It's not hard to predict the future when you study the past.” – Brian Buffini
“Rates are going to drop, no question about it.” – Brian Buffini
“The demand to buy has never been higher. And people want to get in the game.” – Brian Buffini
“The time to prepare is now.” – Brian Buffini
“It's a very fundamental market. It requires an elevation of skill set and it requires the determination of mindset.” – Brian Buffini
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