theREsource podcast

2023 Bold Housing Predictions! ๐Ÿ”ฎ๐Ÿ“Š๐Ÿ“ˆ๐Ÿ“‰โ‰


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What are your thoughts for 2023? All REsource links are in the comments below! ย  0:34 โ€“ Home Sales Will Fall To Their Lowest Level Since 2011 ๐Ÿ“‰ ย  2:00 - Mortgage Rates Will Decline, Ending The Year Below 6% ๐Ÿ”ข๐Ÿ”ฝ ย  2:15 - Home Prices Will Post Their First Year-Over-Year Decline In A Decade, But The U.S. Will Avoid A Wave Of Foreclosures. ๐ŸŒŠ๐Ÿก๐Ÿ›‘ ย  3:10 - The Midwest & Northeast Will Hold Up Best As Overall Market Cools. ๐Ÿ—บโ„ ย  3:25 - Rents Will Fall, As Many Gen Z'ers & Young Millennials Will Continue To Rent Indefinitely. ๐Ÿ’ต ย  3:40 - Builders Will Focus On Multifamily Rentals. ๐Ÿ‘ทโ€โ™€๏ธ

Housing Market Predictions 2023: A Post-Pandemic Sales Slump Will Push Home Prices Down For the First Time in a Decade (redfin.com)

Existing home sales will drop to 4.78 million in 2023, NAR predicts โ€“ HousingWire

What Happens If Housing Prices Fall 20%? (awealthofcommonsense.com)

Just 3 in 100 Pandemic Homebuyers Would Fall Underwater With Next Yearโ€™s Projected 4% Home-Value Decline (redfin.com)

NAR Forecasts 4.78 Million Existing-Home Sales, Stable (globenewswire.com)

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theREsource podcastBy theREsource.tv

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