[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f98mtxnno2uwn":3,"$ffeh0925h8cuz":46,"$f2emv3tus0uf1":50,"$fbwk2pqjjqsc7":54},{"item":4,"previous":34,"next":40},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":32,"updatedAt":33},4433,"whats-going-on-with-home-prices-ask-a-professional","What’s Going on with Home Prices? Ask a Professional.","If you’re thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F23\u002Fwhat-buyers-need-to-know-about-the-inventory-of-homes-available-for-sale\u002F\">buying\u003C\u002Fa> or \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F22\u002Fwhat-homeowners-want-to-know-about-selling-in-todays-market\u002F\">selling\u003C\u002Fa> a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F09\u002Fwhats-ahead-for-mortgage-rates-and-home-prices\u002F\">home price moderation\u003C\u002Fa> will depend on factors like supply and demand in each local market.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F05161733\u002Fwhats-going-on-with-home-prices-ask-a-professional-KCM.jpg","If you’re thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F23\u002Fwhat-buyers-need-to-know-about-the-inventory-of-homes-available-for-sale\u002F\">buying\u003C\u002Fa> or \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F22\u002Fwhat-homeowners-want-to-know-about-selling-in-todays-market\u002F\">selling\u003C\u002Fa> a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F09\u002Fwhats-ahead-for-mortgage-rates-and-home-prices\u002F\">home price moderation\u003C\u002Fa> will depend on factors like supply and demand in each local market.\u003C!--more-->\r\n\r\nThat means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying:\r\n\r\nDanielle Hale, Chief Economist at \u003Cem>realtor.com\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002F2023-national-housing-forecast\u002F\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“The major question on the minds of homeowners and aspiring buyers alike is what will happen to home prices. . . Soaring prices were propelled by all-time low mortgage rates which are a thing of the past. As a result, \u003Cstrong>home price growth is expected to continue slowing, \u003C\u002Fstrong>dipping below its pre-pandemic average to 5.4% for 2023, as a whole.\u003Cstrong>”\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fblockquote>\r\nMark Fleming, Chief Economist at \u003Cem>First American\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Fpandemic-boom-markets-cooling-the-fastest\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“House price appreciation has slowed in all 50 markets we track, but \u003Cstrong>the deceleration is generally more dramatic in areas that experienced the strongest peak appreciation rates\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nTaylor Marr, Deputy Chief Economist at \u003Cem>Redfin, \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Ftayloramarr\u002Fstatus\u002F1578082283281596418\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“For those bearish folks eagerly awaiting the home price crash, you'll have to keep waiting. \u003Cstrong>As much as demand is pulling back supply is as well reducing downward pressure on prices in the short run.”\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fblockquote>\r\nJohn Paulson, Founder of \u003Cem>Paulson & Co\u003C\u002Fem>., \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002FNickTimiraos\u002Fstatus\u002F1574458786214948865\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“It’s true – housing may be a little frothy. So \u003Cstrong>housing prices may come down or they may plateau\u003C\u002Fstrong> . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>What Does This Mean for You?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThe best way to get the answers you need is to lean on a local \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F08\u002F29\u002Fa-trusted-real-estate-advisor-provides-expert-advice\u002F\">real estate advisor\u003C\u002Fa>. They’ll be able to explain the latest trends in your specific market so you can make a confident and informed decision on your next step toward buying or selling a home.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you have questions about what’s happening with home prices today, let’s connect so you have the latest on our local market.","\r\nIf you have questions about what’s happening with home prices today, let’s connect so you have the latest on our local market.",false,[16,20,24,28],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers",{"id":25,"name":26,"slug":27},9,"Home Prices","home-prices",{"id":29,"name":30,"slug":31},35,"Mortgage Rates","mortgage-rates","2022-12-06T11:00:23Z","2023-02-03T15:33:37Z",{"id":35,"slug":36,"title":37,"featuredImage":38,"publishedAt":39,"contentType":10,"isVideo":14},4430,"prioritizing-your-wants-and-needs-as-a-homebuyer-in-todays-market","Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F01164615\u002Fprioritizing-your-wants-and-needs-as-a-homebuyer-in-todays-market-KCM.jpg","2022-12-05T11:00:12Z",{"id":41,"slug":42,"title":43,"featuredImage":44,"publishedAt":45,"contentType":10,"isVideo":14},4434,"key-advantages-of-buying-a-home-today","Key Advantages of Buying a Home Today","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06122951\u002Fkey-advantages-of-buying-a-home-today-KCM.jpg","2022-12-07T11:00:43Z",{"cover":47,"open":48,"shareSpread":49},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":51,"open":52,"shareSpread":53},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[55,59,60,61,65,69,70,74,78,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155,159],{"id":56,"name":57,"slug":58},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":25,"name":26,"slug":27},{"id":71,"name":72,"slug":73},11,"First-Time Buyers","first-time-buyers",{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":29,"name":30,"slug":31},{"id":80,"name":81,"slug":82},38,"Move-Up","move-up",{"id":84,"name":85,"slug":86},41,"For Sale by Owner","for-sale-by-owner",{"id":88,"name":89,"slug":90},42,"Featured","featured",{"id":92,"name":93,"slug":94},45,"New Construction","new-construction",{"id":96,"name":97,"slug":98},52,"Luxury \u002F Vacation","luxury--vacation",{"id":100,"name":101,"slug":102},53,"Rent vs. Buy","rent-vs-buy",{"id":104,"name":105,"slug":106},80,"Time-sensitive","time-sensitive",{"id":108,"name":109,"slug":110},81,"Outdated","outdated",{"id":112,"name":113,"slug":114},147,"Internal","internal",{"id":116,"name":117,"slug":118},148,"Do Not Autopost","do-not-autopost",{"id":120,"name":121,"slug":122},320,"Inventory","inventory",{"id":124,"name":125,"slug":126},321,"Agent Value","agent-value",{"id":128,"name":129,"slug":130},322,"Affordability","affordability",{"id":132,"name":133,"slug":134},323,"Buying Tips","buying-tips",{"id":136,"name":137,"slug":138},324,"Downsize","downsize",{"id":140,"name":141,"slug":142},325,"Economy","economy",{"id":144,"name":145,"slug":146},326,"Equity","equity",{"id":148,"name":149,"slug":150},327,"Forecasts","forecasts",{"id":152,"name":153,"slug":154},328,"Selling Tips","selling-tips",{"id":156,"name":157,"slug":158},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":160,"name":161,"slug":162},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]