The Housing Outlook for 2023
The Housing Outlook for 2023. Don’t expect any real recovery in housing until at least late 2023 or early 2024.
The Housing Outlook for 2023. Don’t expect any real recovery in housing until at least late 2023 or early 2024.
Home Prices Plateauing, Rents Catching Up. The maximum drop in home prices from the peak to the bottom in this cycle should be around 5%, not a 25% implosion like last time.
Mortgage Reset Alarmism is Off the Mark... But, according to the Federal Housing Finance Agency, only 3.7% of these loans are adjustable, or about $450 billion.
A Recession Is Unlikely in 2022...market pessimism has gotten ahead of itself and there is room for economic news to come in better than expected in the immediate year ahead.
Housing: Heartburn, Not a Heart Attack. It is true that national home prices have soared in the past couple of years. However, so have construction costs.