In 2024 we stand at an inflection point within the U.S. economy and real estate market. More so than any time in recent memory, this year is marked by a series of events that could redefine the trajectory of economic and real estate dynamics well into 2025.
Economic shifts: From growth to caution
The U.S. economy is poised for a shift, transitioning from the robust growth of the past years to a more moderated pace. Indicators suggest a cooling period, with potential recessional pressures looming. This economic moderation will continue to affect the real estate sector, with lower absorption rates as a departure from the trends of recent years.
Inflation and interest rates are also at critical junctures. With inflation moving slowly toward the Federal Reserve’s target, and interest rates expected to decline in response to easing inflation and GDP growth, the financial landscape in 2024 will present both challenges and opportunities for real es