Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
Some Highlights
- Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
- While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
- Let’s connect so you know what’s happening with home values in our local area.
Sources
- https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf
- https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf
- https://www.fanniemae.com/media/45801/display
- https://www.fanniemae.com/media/48726/display
- https://twitter.com/NewsLambert/status/1671900591113609216 (Morgan Stanley)
- https://twitter.com/NewsLambert/status/1671556169712672768 (AEI)
- https://www.zillow.com/research/data/
- https://www.zillow.com/research/housing-market-challenges-32923/
- https://ustoday.news/a-20-drop-in-house-prices-7-forecast-models-tend-to-crash-here-the-other-13-models-show-the-housing-market-in-2023/ (Wells Fargo)
- https://twitter.com/NewsLambert/status/1686959362563092480 (Wells Fargo)
- https://twitter.com/NewsLambert/status/1691799764466008217 (Goldman Sachs)
- https://pulsenomics.com/surveys/#home-price-expectations
- https://www.corelogic.com/intelligence/us-corelogic-sp-case-shiller-index-down-by-0-5-year-over-year-in-may-but-a-turning-point-may-be-ahead/
- https://view.e.fanniemae.com/?qs=
Categories
- All Blogs (702)
- Baby Boomers (3)
- Buying Myths (68)
- Demographics (19)
- Distressed Properties (2)
- Featured (3)
- First Time Home Buyers (55)
- For Buyers (96)
- For Sellers (68)
- Foreclosures (4)
- Fsbo (2)
- Housing Market Updates (69)
- Infographics (28)
- Interest Rates (15)
- Move-Up Buyers (45)
- New Construction (2)
- Pricing (26)
- Rent vs. Buy (10)
- Seller (1)
- Selling Myths (45)
Recent Posts
Buying a Home in Venice, FL: 7 Questions Buyers Ask, Answered by a Local Agent
Buying a Home in Nokomis, FL: 7 Questions Buyers Ask, Answered by a Local Agent
Buying a Home in Sarasota, FL: 8 Questions Buyers Ask, Answered by a Local Agent
Should You Sell Your Sarasota Home As-Is or Fix It Up First? An Investor-Agent Explains
Sarasota vs. Nokomis vs. Venice, FL: Which Is the Best Place to Live?
Geri Scheckner: Venice, FL Real Estate Expert for Buying and Selling Homes
Geri Scheckner: Nokomis, FL Real Estate Expert for Buying and Selling Homes
Geri Scheckner: Sarasota, FL Real Estate Expert for Buying and Selling Homes
Who is Geri Scheckner, the Real Estate Agent in Sarasota, FL?
How to Sell Your House Fast in Sarasota, FL and Still Get Top Dollar
