Hey everyone it's Rob B here with Rob D and it's a popular episode this week

everybody wants to know where are the hotspots what areas are we bigging up in 2024? Where should you be investing

your hard-earned money? All of that is about to be revealed. Yes, welcome to the property podcast. Thank you for joining us. You want to know what we picked as our hotspots and we're not going to keep you waiting long. So let's get into it and stick around to the end where we're sharing a tool that will help you listen to this podcast in a slightly different way.

On to our news story this week and Shock headline Forecaster Changes Forecast because it is looking like it might be wrong.

That in itself is not news, but there is something interesting behind it, which is that the property consultancy Night Frank had previously predicted that property prices would fall by 4% by the end of

2024.

But they now come out and change that prediction just a bit.

They now think prices will go up by 3%.

And this is sparks by the expectation

that interest rates will come down.

But the base rate, of course, has not moved.

There's no suggestion that it is going to move.

But the market is now convinced

that because of inflation falling, there will be rate

cuts this year. Therefore, lenders are cutting their fixed rates, which is good for the housing market.

So even though nothing has actually happened at all yet, it can have a meaningful effect on the market, and that's

put his behind Knight Frank's decision.

There have also been several other indicators about how the year might shape up, including

some really interesting data from Right Move. We covered all that on last week's

market update show, so if you haven't listened to that, do go check it out.

There's a drum that we've been banging on this podcast for many years now, which is not to just invest where it's more convenient but to

invest in the areas that are going to be optimal for your returns. We've spoken

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