Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

Aug 4, 2023

Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
  • Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
  • Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

Discover 3 Mistakes to Avoid on Your Home Mortgage

These Tips Will Save You Money!

Our Blog

Related Posts

Should I Update My House Before I Sell It?

Some HighlightsWith more homes for sale and buyers being more selective, it’s smart to make strategic updates.​ But how do you decide what’s worth doing? ​You lean on an agent.An agent will be able to tell you what buyers want, quick wins that’ll have a big impact,...

Seller Concessions: A Smart Strategy To Get Your House Sold

For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows. And that means that the market is balancing out a bit. As a result, some sellers are finding they need to be more flexible to close a deal. One...