Housing Market Forecast for the Rest of 2023

Dated: August 9 2023

Views: 213

Housing Market Forecast for the Rest of 2023




Some Highlights

  • Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
  • Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
  • Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.
Blog author image

Margarita Maggie Solis

Maggie Solis is a full-time REALTOR® who has been making her client's dreams a reality in the state of Florida for over six years. She has over 20 years of sales and marketing experience and continue....

Latest Blog Posts

Looking for Space, Style, and a Low HOA in Wesley Chapel? Start Here

6967 Talamore Drive: A Wesley Chapel Home for Sale With Main Character EnergySome homes are nice. Some homes are practical. And then there are homes that walk in wearing linen pants, holding an iced

Read More

Your Home’s First 30 Days on the Market Decide Everything

Only about 41% of price cuts in Q1 2026 actually generated more showings.That's the number I want every seller in Tampa thinking about before they put their home on the market this summer.A new

Read More

Florida Homesteading: The Best Areas to Buy Land, Live Off It, and Build Your Dream Lifestyle

Florida isn’t just beaches and vacation homes anymore.There’s a growing movement of buyers looking for something different—something more intentional.They want:LandFreedomSpace to

Read More

Why Brooksville & Weeki Wachee Are Poised for a Real Estate Boom

If you’ve been watching the Tampa Bay real estate market over the past few years, you’ve likely noticed a pattern: growth doesn’t happen all at once—it moves.And right now,

Read More