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_85db1117-7316-45bc-a9b3-688d68e3165a.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
- All Blogs (781)
- Buyer's Market (9)
- Cash Flow (2)
- Design and Maintenance (42)
- Featured Listings (6)
- First-Time Home Buyers (39)
- Holidays (5)
- Home For Sale (7)
- Home Loans (3)
- Home Pricing (3)
- Home Showing (2)
- Homeowners (24)
- Investment Properties (9)
- Market Update (10)
- Mortgages (9)
- Real Estate Fun Facts (12)
- Real Estate Investors (22)
- Real Estate Marketing (13)
- Seller's Market (4)
- Selling Your Home (20)
- Sold Homes (12)
- South Jersey Updates (26)
- This Weekend Happenings (28)
- Tips For Home Buyers (17)
Recent Posts
Real Estate Market After the Election
![Builders Are Building Smaller Homes [INFOGRAPHIC]](https://img.chime.me/image/fs/chimeblog/20240504/16/original_39aacbf5-2468-464c-acda-b86e3e29eff4.png)
Builders Are Building Smaller Homes [INFOGRAPHIC]
Weekend Adventures: Free Washes, Fairy Tales, and Furry Friends in South Jersey
Decoding Debt-to-Income Ratio: What It Means for Your Homebuying Journey
What Is Going on with Mortgage Rates?
The Hidden Pitfalls of Online Listing Surfing: Why It's Not Enough
The Perks of Buying over Renting
Unlocking the Door to Your Dream Home: Insider House Hunting Tips
What More Listings Mean When You Sell Your House
Now’s a Great Time To Sell Your House