Goldman Sachs has released a forecast for the housing market through 2023. The firm wrote to clients that it predicts four U.S. cities will see the worst dips, drawing comparisons to the 2008 housing crash. San Jose, San Diego, Austin, and Phoenix will likely see noticeable increases before drastic decreases of more than 25%. Goldman Sachs states that these cities will suffer the lowest prices this year because they became too detached from fundamentals during the COVID-19 pandemic housing boom. Goldman Sachs also forecasts that many Northeastern, Southeastern, and Midwestern markets could see milder corrections in home prices. In this podcast, we will discuss these predictions and whats happening in the housing market right now with interest rates, home sales, and pent-up first-time homebuyer demand.