[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f12tgw5sq0bomy":3,"$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},4555,"experts-forecast-a-turnaround-in-the-housing-market-in-2023","Experts Forecast a Turnaround in the Housing Market in 2023","The housing market has gone through a lot of change recently, and much of that was a result of how quickly \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F17\u002Fthink-twice-before-waiting-for-3-mortgage-rates\u002F\">mortgage rates\u003C\u002Fa> rose last year.","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2023\u002F01\u002F30142758\u002Fexperts-forecast-a-turnaround-in-the-housing-market-in-2023-KCM.jpg","\u003Cp>The housing market has gone through a lot of change recently, and much of that was a result of how quickly \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F17\u002Fthink-twice-before-waiting-for-3-mortgage-rates\u002F\">mortgage rates\u003C\u002Fa> rose last year.\u003C!--more-->\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>Now, as we move through 2023, there are signs things are finally going to turn around. Home \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F20\u002Fwhats-really-happening-with-home-prices-infographic\u002F\">price appreciation\u003C\u002Fa> is slowing from the recent frenzy, mortgage rates are \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F24\u002Fthe-3-factors-that-affect-home-affordability\u002F\">coming down\u003C\u002Fa>, inflation is easing, and overall market activity is starting to \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2023\u002F01\u002F26\u002Fwhy-it-makes-sense-to-move-before-spring\u002F\">pick up\u003C\u002Fa>. All of that’s great news for the housing market this year. Here’s what experts are saying.\u003C\u002Fp>\u003Cp>\u003Ch5>\u003Cstrong>Cristian deRitis, Deputy Chief Economist, \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.newsweek.com\u002Fhousing-market-reckoning-wont-provide-salvation-homebuyers-1774415\">\u003Cstrong>\u003Cem>Moody’s Analytics\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>:\u003C\u002Fstrong>\u003C\u002Fh5>\u003C\u002Fp>\u003Cp>\u003Cblockquote>\u003Cem>“The current state of the housing market is that \u003Cstrong>it is certainly in transition\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003C\u002Fp>\u003Cp>\u003Ch5>\u003Cstrong>Susan Wachter, Professor of Real Estate and Finance, \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.bloomberg.com\u002Fnews\u002Farticles\u002F2023-01-12\u002Fhousing-market-in-2023-will-be-shaped-by-fed-policy\">\u003Cstrong>\u003Cem>University of Pennsylvania’s Wharton School\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>:\u003C\u002Fstrong>\u003C\u002Fh5>\u003C\u002Fp>\u003Cp>\u003Cblockquote>\u003Cem>“Housing is going to ease up. I think \u003Cstrong>2023 will be a turnaround year\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003C\u002Fp>\u003Cp>\u003Ch5>\u003Cstrong>Lawrence Yun, Chief Economist, \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fapnews.com\u002Farticle\u002Finflation-national-association-of-realtors-business-0fee2b2e18dd8e4aa047f892476fcba8\">\u003Cstrong>\u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong> (NAR):\u003C\u002Fstrong>\u003C\u002Fh5>\u003C\u002Fp>\u003Cp>\u003Cblockquote>\u003Cem>“Mortgage rates have fallen in the recent past weeks, so I’m very hopeful that \u003Cstrong>the worst in home sales is probably coming to an end\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003C\u002Fp>\u003Cp>\u003Ch5>\u003Cstrong>Robert Dietz, Chief Economist and Senior Vice President, \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.businessinsider.com\u002F2023-could-be-the-year-that-the-us-housing-market-gets-back-on-track-2023-1\">\u003Cstrong>\u003Cem>National Association of Home Builders\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong> (NAHB):\u003C\u002Fstrong>\u003C\u002Fh5>\u003C\u002Fp>\u003Cp>\u003Cblockquote>\u003Cem>“. . .\u003Cstrong> it appears a turning point for housing lies ahead\u003C\u002Fstrong>. In the coming quarters, single-family home building will rise off of cycle lows as mortgage rates are expected to trend lower and boost housing affordability.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Ch3>Bottom Line\u003C\u002Fh3>\u003Cp>\r\nIf you’re thinking about making a move this year, a turnaround in the housing market could be exactly what you’ve been waiting for. Let’s connect to talk about the latest trends in our area.\u003C\u002Fp>","\r\nIf you’re thinking about making a move this year, a turnaround in the housing market could be exactly what you’ve been waiting for. Let’s connect to talk about the latest trends in our area.",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers","2023-02-02T11:30:30Z","2023-02-03T15:33:27Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},4557,"should-you-rent-your-house-or-sell-it","Should You Rent Your House or Sell It?","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2023\u002F01\u002F31113416\u002Fshould-you-rent-your-house-or-sell-it-KCM.jpg","2023-02-01T11:30:15Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},4561,"you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic","You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2023\u002F02\u002F01165833\u002FYou-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-KCM-Share.png","2023-02-03T11:30:00Z",{"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"]