Posted: November 14, 2022
By: zach
What Will Happen To Home Prices in 2023
As the economy drags into a recession in the second half of 2022, we’re already seeing the negative effects on housing markets nationwide.
Home sales have cratered over the past 3 months as a result of the Fed raising interest rates 5 times in 2022.
Home prices have already begun backtracking as a result, casting a shadow of doubt on the future of the housing market.
Many are wondering what is going to happen to home prices in 2023. Most industry experts agree on one thing: