1st Quarter – 2024 Real Estate Economic Update

There is a lot to unpack in Tammy Wittren’s 1st Quarter 2024 Economic Update for real estate agents.

Here are the topics covered so you can better serve your clients. The more you can educate on what the current market is offering, the better and more confidently you can guide your buyers and sellers.

2024 Real Estate Economic Update – The Federal Reserve:

• What they are doing, how it works, and why it matters to you and your clients.
• Three current issues that concern real estate.
• “Soft Landing” the economy to avoid a recession.

2024 Real Estate Economic Update – Globally:

• Russian, Ukraine, and why it matters to you and your clients.
• The Israel and Hamas War
• Hamas, Hezbollah, and Houthis
• Asian Contributions to the World Economy
• Chinese Deflation Rate and Why It Matters.
• Evergrande – Largest Chinese developer looking at bankruptcy.

2024 Economic Update – Nationally:

• 6 major regional banks in the USA faltered and why it matters to your client’s mortgage.
• A cheat sheet of the exact slide deck the Fed uses to decide on the United States Economy.
• US Employment/Unemployment Rates and why it matters.
• US Job loss and why companies are “right-sizing”
• Consumer Credit is increasing! Learn why it matters.
• Personal Savings and the Amazon Button
• Retail Sales and E-commerce Spending
• Inflation and US Producer Prices
• Contracting Manufacturing
• CPI Index and why you need it in a rhythm for your business.
• Personal Consumption Index! What’s in the basket, and what’s changed
• Energy: Oil, Gas, Electricity
• GDP Growth Rate
• US Dollar Change
• Dow Jones/NASDAQ – Stocks and Bonds Market and the impact of it on our lives right now.

2024 Economic Update -The Housing Market

• Loans Limit Increased
• Lending Reminders around Buyer Agent Commissions
• How to write CREDIT considerations in your contracts
• Current Homeowner Stats
• Share of Buyers and Sellers per Generation
• Existing Home Sales – tying the great receptions.
• Mortgage Rates Forecast

Watch Tammy’s update for FREE today on OnTrack Agent!

About Tammy Wittren

Tammy Wittren is a national leader, speaker, and coach for the Mortgage and Real Estate Industry, bringing more than 25 years of experience to the home-buying process. She is consistently in the top 0.5% of all loan originators in the country, year over year.

In 2020, she was in the US’s top 60 Female Loan Originators. Her success has always been in adding procedures and systems to the mortgage process, to deliver the best customer service available.

Her coaching strengths lie in getting students to think about their product, THEM, by differentiating themselves by adding and offer

ing value, instead of self-indulgent edification. Self-promotion, initially, is necessary; but long-term success is based on your integrity, your character, and delivering on what you say.

Tammy firmly believes that if you serve without regard to what you get in return, abundance will come back to you. Tammy is also a coach in the award-winning new real estate agent training program, New Agent 365.

About Tammy Wittren’s Economic Update

For the past decade, Tammy Wittren has presented an economic update that is specifically designed to educate real estate agents on what is happening in the marketplace.

She presents both the macro and micro influences that surround the real estate market so that we can better prepare for what the future may hold for businesses and individuals.

With the evolution of global financial markets, economists find themselves in new territory with predictions and outlooks. While Tammy never predicts, she does often uncover the nuances of the largest triggers yet to unfold and prepares us for that outcome.