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.

Let’s connect so you know what’s happening with home values in our local area.

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=