2023 Real Estate Predictions - part 1

Many are wondering what's in store for housing in 2023. Experts are weighing in. Today we're sharing insights gathered by Keeping Current Matters, an entity that follows real estate trends. This is taking a view of the national real estate market, we'll be digging in to Colorado in subsequent posts. ENJOY!

Some Highlights

• From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.
• If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.

Sources:

• realtor.com
• Home Price Expectations Survey (HPES)
• National Association of Realtors (NAR)
• Mortgage Bankers Association (MBA)
• Fannie Mae
• Freddie Mac
• Zelman & Associates
• Greg McBride, Chief Financial Analyst, Bankrate