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:
Tony Adams
Regional Vice President of Georgia/NW Florida, Kolter Group
Jenni Bonura
President and CEO, Harry Norman REALTORS®
Jeremy Collette
Executive Director of Capital Markets, Guaranteed Rate
DeAnn Golden
President and CEO, Berkshire Hathaway HomeServices Georgia Properties
Christa Huffstickler
Founder and CEO, License Partner, Engel & Völkers Atlanta and North Georgia Mountains
Kristen Jones
Broker/Owner, RE/MAX Around Atlanta
Bill Murray
Managing Director, COMPASS
Kim Nelson
CEO, BankSouth Mortgage
David Tufts
Partner and Chief Development Officer, Ansley Developer Services