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 spoke to real estate executives from the Houston area and beyond 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:
Nancy Almodovar
President and CEO, Nan and Company Properties
Jeremy Collette
Executive Director of Capital Markets, Guaranteed Rate
Charles El-Moussa
Texas President, Coldwell Banker Realty
Matthew Gardner
Chief Economist, Windermere Real Estate
Matt Kiker
President, Network Funding, L.P.
President, Texas Mortgage Bankers Association
Catherine Lee
President, Douglas Elliman Texas
Jeremy Luke
Senior Lending Manager-Executive Director, Chase Home Lending Houston
Joe Mandola
Division President, Tri Pointe Homes Houston