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_36c43360-8d69-4fbe-b4a0-3d03fb5dc048.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=
Categories
Recent Posts
Unlock the Potential: Transform 3035 Cat Tail CT, Hemet, CA 92545 into Your Dream Home
Spring Real Estate Market
Finding Your Perfect Home in a Fixer Upper
Discover Your Dream Home in East Chula Vista: 1141 Quinto Creek PL
![The Spring Market Is a Sweet Spot if You’re Looking To Sell [INFOGRAPHIC]](https://img.chime.me/image/fs/chimeblog/20240309/16/original_0ee4d9b6-e301-4a83-91c9-b640efead72f.png)
The Spring Market Is a Sweet Spot if You’re Looking To Sell [INFOGRAPHIC]
The Benefits of Downsizing When You Retire
Why Access Is So Important When Selling Your House
Why There Won’t Be a Recession That Tanks the Housing Market
What To Know About Credit Scores Before Buying a Home
![The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC]](https://img.chime.me/image/fs/chimeblog/20240302/16/original_4652e6e6-0457-4d5e-a4a2-2c72d6c13d5d.png)
The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC]