![]() ![]() However, the article notes that there may be some relief for buyers in the form of more inventory becoming available on the market. According to a Forbes Advisor article, home prices are expected to continue to come down slowly, making it difficult for many homebuyers to access affordable housing.ĪLSO READ: Lastest National Housing Market Trends Here's a look at some housing market predictions for 2023. However, experts are making some educated guesses about what we can expect in the coming years. The housing market is always in flux, and predictions for the future can be challenging to make. Some believe that the housing market will continue to outperform compared to the pre-pandemic. Home prices may fall slightly, but not drastically as they did in 2008. Rate increases, along with a shortage of availability, have pushed many purchasers to the sidelines. Most experts in the housing industry predict less buyer demand, lower prices, and higher borrowing rates. However, some experts believe that the market will decline in 2023, while others believe that home prices will rise. Will house prices go down in 2023? There is no one-size-fits-all answer to this question, as the housing market in the United States will likely vary depending on location and other factors. In this blog post, we'll be discussing what experts are forecasting for the United States housing market in 2023. ![]()
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