The Economy
■ Real Economic Growth grew by 3.3% in the 4th quarter
■ January job report shoed that 353,000 were added to the economy
■ Unemployment rate stayed at 3.7%
■ Hourly wages increased by 4.5% in January
■ Mortgage rates were 6.77% in February 2/15/24
January 2024 from Realtor.com
■ Active Listings: Up 7.9%
■ New Listings: Up 2.8%
■ Median Days on Market: Down to 69
Total Sales for 2023
■ 4.09 million homes, down 18.7% – the lowest level since 1995
■ Ohio, Indiana and Wisconsin represented some of the strongest emerging housing markets