Predicting Housing Trends for 2023

Housing prices will continue to trickle down…unless they don’t. Either way, it looks like a soft landing.

Interest rates, already trending lower, will continue to drop. But, if you’re expecting the kind of rates we saw a year or two ago, well, you’ll probably be disappointed. Yet, historically speaking, rates we’re seeing now and are expecting to see in 2023 are still quite good. We’ve just been spoiled.

Spring is usually the time that the housing market picks up some steam. Expect that trend to continue, as inventory continues to rise. Lenders are already seeing an increase in their pipeline.

See more at YahooFinance:

https://finance.yahoo.com/news/housing-market-6-trends-know-181453096.html