Now in its fifth year, WFG kicked off its Q1 2024 Quarterly Economic Outlook series with a live presentation during the company’s inaugural Agency Executive Summit in March, an invitation-only event for executives of existing and prospective customers within the company’s Agency Network. The event provided WFG’s Agent Network executives with a unique opportunity to engage directly with WFG’s Chairman and Founder Patrick Stone and co-presenter Economist and Forbes contributor Dr. Bill Conerly.

In the Q1 installment of the popular presentation, Stone delved into the heart of the current real estate market, covering topical issues such as interest rates projections, home equity trends, housing supply and demand, builder and commercial market performance, median home prices, regional market variations, and loan quality trends. The session concluded with Stone’s thoughts on how title agents can remain competitive and position themselves for success in a challenging market. The following article is a compilation of the key observations and forecasts Stone shared during this informative live-audience session.