What the Experts Are Saying About the 2023 Housing Market
Posted by Tamara Williams on
WHAT EXPERTS ARE SAYING ABOUT THE 2023 HOUSING MARKET
If you’re considering buying or selling a home in 2023, you are likely wondering what you can expect from the housing market this year.
In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. According to a recent LendingTree report, “41% of Americans say they now fear a housing crash in the next year” (Realtor Magazine).
Many homeowners still hold dark memories of the 2008 housing crash when property values buckled and foreclosures peaked. While the memory of a sudden catastrophe at a time when the real estate market had been riding high brings up valid reasons for concern,…
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