Real estate in 2023 has been marked by low inventory, rising prices, challenging mortgage rates and industry-shifting lawsuits. That’s a lot of change in one year, so how can we anticipate what’s next? Ask the experts.
For our annual predictions feature, we spoked to some of the Atlanta area’s top brokerage executives, mortgage lenders and new construction leaders about their expectations for the coming year. What will be the biggest challenges for agents in 2024? Where are mortgage rates headed? Which segments of the residential market are poised for growth?
The insightful answers to these and other questions offer an opportunity to set realistic expectations and find nuggets of optimism as we prepare to flip the calendar to a new year. Thank you to all our esteemed participants:
Regional Vice President of Georgia/NW Florida, Kolter Group
President and CEO, Harry Norman REALTORS®
Executive Director of Capital Markets, Guaranteed Rate
President and CEO, Berkshire Hathaway HomeServices Georgia Properties
Founder and CEO, License Partner, Engel & Völkers Atlanta and North Georgia Mountains
Broker/Owner, RE/MAX Around Atlanta
Managing Director, COMPASS
CEO, BankSouth Mortgage
Partner and Chief Development Officer, Ansley Developer Services