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80
April 2024
F I N A L T H O U G H T S
"leading the charge"
Danielle Hale, Chief Economist of Realtor.com, reveals that Southern regions are leading
in the number of active homes for sale, with the first couple of months of 2024 proving to be
"positive for inventory levels."
"price growth strengthened"
Dr. Selma Hepp, Chief Economist for CoreLogic, detailed that home prices improved in
early 2024, as January experienced the highest annual rate of increase, but that growth is
predicted to slow in the coming months.
"slow but steady"
Doug Duncan, Fannie Mae SVP and Chief Economist, discusses how Fannie Mae's latest
Home Purchase Sentiment Index has increased, continuing its modest but steady upward
trend from the low-level plateau experienced during much of 2023, and how consumer
sentiment toward housing is now above where it was this time last year.
"more or less vulnerable"
Rob Barber, CEO at ATTOM, unveiled that "fault lines" in the foundation of the U.S. housing
market are appearing in different regions throughout the country, with some areas remaining
more or less at-risk than other, less clustered areas.
"major obstacles for homebuyers"
Chen Zhao, Economic Research Lead at Redfin, explains how low inventory and high housing costs
have remained persistent obstacles for homebuyers in today's market, but as more supply enters the
market, those challenges may moderate.
FINAL THOUGHTS
In this month's Final Thoughts, experts offer their insight on nationwide and
regional market trends, the state of home prices, their projected growth,
housing supply, and how homebuyers feel about the market and their chances
of attaining homeownership in 2024.
