The Latest Expert Forecasts for Home Prices in 2023
The Latest Expert Forecasts for Home Prices in 2023 For Buyers First Time Home Buyers Move-Up Buyers Buying Myths Are you thinking about making a move ? If so, all the speculation that home prices would crash this year may have you feeling a bit on edge about your decision. Let the data and the experts reassure you. Prices aren’t in a downward spiral and will actually finish the year strong. Even though you may have heard talk that prices would drop 5, 10, or even 20% this year, that hasn’t happened. The big reason why is the supply of homes for sale is too low. There are just more buyers looking to buy than homes available , and that’s kept prices from falling. To prove this year wasn’t a bust for home prices , let’s look at the latest 2023 forecast from a number of experts. Most Experts Project Home Prices Will Net Positive this Year The general consensus from industry experts is that home price appreciation will...