Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
![Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20230909/16/original_3604e772-9539-43f6-8bcd-d12243b79e8f.png)
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.
- Connect with your trusted real estate agent to find out what’s happening with home values in your 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=
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(Translated by Google) Excellent experience with Manny during the purchase process in Orlando.
(Original)
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Manny Barrios was incredibly knowledgeable throughout the whole process. He answered all of my questions quickly, explained every step clearly, and made me feel confident in my decisions. His professionalism and attention to detail stood out, and I felt well‑guided whether looking at homes or discussing market trends. I highly recommend Manny as a trusted real estate agent and one of the best realtor you could ask for.
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