Realogics Sotheby’s International Realty presents our 2024 Forecast Report, a compilation of insights from Pacific Northwest thought leaders analyzing market trends from 2023 and predicting future developments. In 2024, we're seeing mortgage rates decline after record spikes, leading to increased residential sales volumes despite tight supply. Work-from-home trends continue to impact urban real estate, but Seattle/Bellevue remains in high demand. Exurban areas are also gaining traction due to improved accessibility and affordability. Realogics Sotheby’s International Realty achieved remarkable results in 2023, leading the luxury market with high average sales prices, short days on market, and expansive sales volumes per agent. Inside the report, you'll hear insights from real estate economist Matthew Gardner and appraisers Vince Healy and Diane Hayes. We're also launching Market Perspectives, a podcast series hosted by Dean Jones, exploring regional and global economic trends. Enjoy the report, featuring curated perspectives from industry experts. If you need assistance navigating the housing market, I'm here to help. Cheers, Kara Mumma Global Real Estate Expert Realogics Sotheby's International Realty
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