Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
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Everyone has their own idea of the American Dream, and it's different for each person.
Everyone’s interpretation of the American Dream is unique and personal.
Here’s what you really need to know about a few myths causing fear in today’s housing market.
Have you ever wondered how inflation impacts the housing market?
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months.
- For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.
- Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future.
- From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.
- If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.
- If you find your home no longer meets your needs, it may be time to sell.
Want to know what experts say will happen in the rest of 2023?
If you’re worried about a coming recession, you’re not alone.