[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fu8xw47v9kkv3":3,"$ffeh0925h8cuz":38,"$f2emv3tus0uf1":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":26,"next":32},{"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":24,"updatedAt":25},4490,"what-experts-are-saying-about-the-2023-housing-market","What Experts Are Saying About the 2023 Housing Market","If you’re thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F02\u002Fwhat-are-your-goals-in-the-housing-market-this-year\u002F\">buying or selling\u003C\u002Fa> a home soon, you probably want to know what you can expect from the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F27\u002Fconfused-about-whats-going-on-in-the-housing-market-lean-on-a-professional\u002F\">housing market\u003C\u002Fa> this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F21\u002Fwhat-to-expect-from-the-housing-market-in-2023\u002F\">2023\u003C\u002Fa>?","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2023\u002F01\u002F05141636\u002Fwhat-experts-are-saying-about-the-2023-housing-market-KCM.jpg","If you’re thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F02\u002Fwhat-are-your-goals-in-the-housing-market-this-year\u002F\">buying or selling\u003C\u002Fa> a home soon, you probably want to know what you can expect from the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F27\u002Fconfused-about-whats-going-on-in-the-housing-market-lean-on-a-professional\u002F\">housing market\u003C\u002Fa> this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F21\u002Fwhat-to-expect-from-the-housing-market-in-2023\u002F\">2023\u003C\u002Fa>?\u003C!--more-->\r\n\r\nAn article from \u003Cem>HousingWire\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.housingwire.com\u002Farticles\u002Fthe-red-hot-housing-market\u002F\">offers\u003C\u002Fa> this perspective:\r\n\u003Cblockquote>\u003Cem>“The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. But more recently, market conditions have done an about-face. . . . now is the opportunity for everyone to become re-educated about what a ‘typical’ housing market looks like.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThis year, experts agree we may see the return of greater stability and predictability in the housing market if inflation continues to ease and \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F16\u002F2023-housing-market-forecast-infographic\u002F\">mortgage rates\u003C\u002Fa> stabilize. Here’s what they have to say.\r\n\r\nThe 2023 forecast from the\u003Cem> National Association of Realtors \u003C\u002Fem>(NAR) \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fmagazine\u002Freal-estate-news\u002F2023-real-estate-forecast-market-to-regain-normalcy\">says\u003C\u002Fa>:\r\n\u003Cblockquote>“\u003Cem>While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, .\u003C\u002Fem>\u003Cem> . . \u003C\u002Fem>\u003Cem>mortgage rates are expected to stabilize while home sales and prices moderate after recent highs, . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nDanielle Hale, Chief Economist at \u003Cem>realtor.com\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002F2023-national-housing-forecast\u002F\">adds\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“. . . \u003Cstrong>buyers will not face the extreme competition\u003C\u002Fstrong> that was commonplace over the past few years.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nLawrence Yun, Chief Economist at NAR, \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fmagazine\u002Freal-estate-news\u002F2023-real-estate-forecast-market-to-regain-normalcy\">explains\u003C\u002Fa> home prices will vary by local area, but will net neutral nationwide as the market continues to adjust:\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>After a big boom over the past two years, there will essentially be no change nationally \u003C\u002Fstrong>\u003C\u002Fem>\u003Cstrong>. . \u003C\u002Fstrong>\u003Cstrong>\u003Cem>.\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem> Half of the country may experience small price gains, while the other half may see slight price declines.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nMark Fleming, Chief Economist at \u003Cem>First American, \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Fwhy-the-housing-market-may-begin-to-stabilize-in-2023\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“The housing market, once adjusted to the new normal of higher mortgage rates, \u003Cstrong>will benefit from continued strong demographic-driven demand relative to an overall, long-run shortage of supply\u003C\u002Fstrong>.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re looking to buy or sell a home this year, the best way to ensure you’re up to date on the latest market insights is to partner with a trusted real estate advisor. Let’s connect.","\r\nIf you’re looking to buy or sell a home this year, the best way to ensure you’re up to date on the latest market insights is to partner with a trusted real estate advisor. Let’s connect.",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers","2023-01-09T11:30:12Z","2023-02-03T15:33:31Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},4488,"tips-to-reach-your-homebuying-goals-in-2023-infographic","Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2023\u002F01\u002F05123343\u002FTips-To-Reach-Your-Homebuying-Goals-in-2023-KCM-Share.png","2023-01-06T11:00:27Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},4494,"the-truth-about-negative-home-equity-headlines","The Truth About Negative Home Equity Headlines","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2023\u002F01\u002F09130317\u002Fthe-truth-about-negative-home-equity-headlines-KCM.jpg","2023-01-10T11:30:25Z",{"cover":39,"open":40,"shareSpread":41},"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":43,"open":44,"shareSpread":45},"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",[47,51,52,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":78,"name":79,"slug":80},38,"Move-Up","move-up",{"id":82,"name":83,"slug":84},41,"For Sale by Owner","for-sale-by-owner",{"id":86,"name":87,"slug":88},42,"Featured","featured",{"id":90,"name":91,"slug":92},45,"New Construction","new-construction",{"id":94,"name":95,"slug":96},52,"Luxury \u002F Vacation","luxury--vacation",{"id":98,"name":99,"slug":100},53,"Rent vs. Buy","rent-vs-buy",{"id":102,"name":103,"slug":104},80,"Time-sensitive","time-sensitive",{"id":106,"name":107,"slug":108},81,"Outdated","outdated",{"id":110,"name":111,"slug":112},147,"Internal","internal",{"id":114,"name":115,"slug":116},148,"Do Not Autopost","do-not-autopost",{"id":118,"name":119,"slug":120},320,"Inventory","inventory",{"id":122,"name":123,"slug":124},321,"Agent Value","agent-value",{"id":126,"name":127,"slug":128},322,"Affordability","affordability",{"id":130,"name":131,"slug":132},323,"Buying Tips","buying-tips",{"id":134,"name":135,"slug":136},324,"Downsize","downsize",{"id":138,"name":139,"slug":140},325,"Economy","economy",{"id":142,"name":143,"slug":144},326,"Equity","equity",{"id":146,"name":147,"slug":148},327,"Forecasts","forecasts",{"id":150,"name":151,"slug":152},328,"Selling Tips","selling-tips",{"id":154,"name":155,"slug":156},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":158,"name":159,"slug":160},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]