FED Market Massacre & 2024 Real Estate Predictions Recap | KBP 098

Byron Lazine, Lisa Chinatti, and Tom Toole discuss this week’s FOMC meeting, including Fed Chair Jerome Powell’s comments related to housing and the Committee’s decision. Next, they review housing market predictions they made at the end of 2023 and identify the winners and losers of 2024.

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⏰ Timestamps:

00:00 - 00:52 Intro
00:52 FOMC & Fed Press Conference Analysis
02:43 Powell’s Q&A responses & the market’s reaction
05:27 Logan Mohtashami’s analysis of Fed’s decision
07:09 For rates to go down quickly, you need a “crisis-like event”
09:41 Big takeaway from the Fed decision (conversations with buyers)
12:48 Winners and Losers of 2024
14:47 Biggest Winner: Company (starting with Lisa’s vote)
15:48 Gen Z prefers to shop in person (a return to shopping malls?)
19:46 Discussion on REMAX (Tom’s vote)
21:54 -Discussion on Zillow (Byron’s vote)
22:44 Biggest Winner: Individual
26:34 Biggest Loser: Company
27:31 Discussion on Realtor.com (“Worst prediction”)
33:10 Biggest Loser: Individual Discussion
40:26 Best Real Estate Stock to Own
42:45 Market Outlook: Over/Under 4.25M home sales
44:11 Average 30-Year Fixed Rate
46:47 Discussion on 30-Year Fixed Rate and Buying Opportunities
47:40 Discussion on Commission Lawsuits (Over/Under 50)
48:39 Discussion on Number of Agents
50:50 Discussion on AI Predictions
53:06 Final Score and Winner Announcement
54:17 Podcast Schedule and Future Plans

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👉 Connect with Byron Lazine:   / byronlazine  
👉 Connect with Tom Toole:   / tomtoole3rd  
👉 Connect with Lisa Chinatti:   / lisachinatti  

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