2024 ForecastIn The News

What Is The Economic Outlook?

The second quarterly installment of WFG’s “Quarterly Economic Outlook,” an informative and influential webinar featuring Williston Financial Group (WFG) Chairman and Founder Patrick F. Stone and Economist and Forbes contributor Bill Conerly, Ph.D., will take place on Tuesday, June 18th at 1 pm ET/Noon CT/10 am PT.

During the live session, Stone and Conerly will provide valuable insights and analysis on the current state of the economy and its impact on the housing market, delve into the latest economic data and trends, and offer predictions for the balance of 2024 and beyond.

“The real estate sector waits for the Federal Reserve to start easing. I’ll focus on the key issues the Fed watches—inflation and employment—while Pat looks for early signs of rebound.”

Participation in WFG’s “Quarterly Economic Outlook” webinar is open to all, but reservations are required and may be made by signing up here. The hour-long webinar includes commentary from both Stone and Conerly, as well as a Q&A session.

During the Q1 2024 webinar in March, which took place live during WFG’s inaugural, invitation-only Agency Executive Summit, Stone and Conerly offered an insightful exploration into both the US and global economic landscapes, with a deep dive into the realm of real estate. During their respective portions of the presentation Stone and Conerly touched upon crucial topics, including interest rate forecasts, home equity trends, the balance of housing supply against demand, and performance across the residential builder and commercial sectors. Other topics of discussion included median home prices and variations by region and loan quality. The presentation wrapped up with Stone sharing strategic insights to help the company’s title agents amidst market challenges.

”When we first launched our Quarterly Economic Outlook webinar series back in 2020, our goal was to communicate and connect with title and settlement services professionals and provide them with information that would help them be more successful,” Stone said. “Since then, both interest and participation in these quarterly webinars has grown significantly. It’s extremely gratifying to know that our attendees consider the information we provide to be both enlightening and beneficial.”

Stone’s lengthy career in real estate and related services includes C-level positions with three public companies and serving as a director on two Fortune 500 boards. His senior executive management positions include nine years as president and COO of the nation’s largest title insurance company, chairman and co-CEO of a software company, and CEO of a real estate data and information company. Stone also served as vice-chairman of Metrocities Mortgage, a 2005 top-20 mortgage lender, and as chairman of The Stone Group, an Austin, Texas-based tenant-represented brokerage company. In 2013, Inman News named him one of the year’s “100 Most Influential People in Real Estate.” Stone received HousingWire’s coveted Vanguard Award for lifetime career achievement in 2019 and again in 2021, was recognized in 2019, 2020 and 2023 as a Lending Luminary by Progress in Lending, and was the recipient of October Research’s annual Leadership Award in 2020.

Conerly has a Ph.D. in economics from Duke University and more than 30 years of experience helping companies adapt to changing economic conditions. He was formerly Senior Vice President at a major bank and held positions in economics and corporate planning at two Fortune 500 corporations. He is also an online contributor to Forbes, chairman of the board of Cascade Policy Institute, and the author of The Flexible Stance: Thriving in a Boom/Bust Economy (2016) and Businomics (2007), a book about economics for business leaders.

Register to attend this Webinar HERE