WHAT TO EXPECT FROM THE HOUSING MARKET IN 2023 The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortga

WHAT EXPERTS ARE SAYING ABOUT THE 2023 HOUSING MARKET If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer d

THINK TWICE BEFORE WAITING FOR 3% MORTGAGE RATES Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyersexperienced a hit to the

WANT TO SELL YOUR HOUSE? PRICE IT RIGHT. Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. .