Home Equity Levels Continue to Keep Foreclosures ... they'd otherwise lose at the auction," Sharga says. Buying a house
in any market
is a highly personal decision. Because homes represent ...
The Forbes Advisor article on housing market predictions outlines various expert forecasts for the U.S. real estate market in 2023 and beyond. It discusses the impact of high mortgage rates, which have cooled the market after a period of intense activity, leading to a more balanced market with slower price growth. Experts like Lawrence Yun from the National Association of Realtors predict a slight increase in home sales and a modest rise in home prices for 2023, while others like Zillow anticipate a slight decrease in home values. The article also covers regional variations, with some areas expected to see price declines while others may experience growth. Factors such as inflation, interest rates, and economic conditions are highlighted as key influencers of the market's direction, with a consensus that affordability will remain a significant challenge for potential homebuyers.