The Evolving Housing Market: What 2023 Holds
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.
Now, as we move through 2023, there are signs things are finally going to turn around.
Key Market Shifts
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Home price appreciation is slowing from the recent frenzy.
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Mortgage rates are coming down.
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Inflation is easing.
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Overall market activity is starting to pick up.
All of that’s great news for the housing market this year.