The Outlook for Real Estate in 23
Posted by Carson Hulak on
What is the Outlook for the Market in 2023?
Fairly boring, which I am excited for. The Real Estate market is supposed to be mundane, these past two years have been an anomaly that we shouldn't hold our breathe for in the foreseeable future. This is a good thing, trust me.
The Outlook for next year is rather uncertain at the moment. However, given recent improvements in inflation expectations, the Federal Reserve might be inclined to slow down the pace of their rate hiking or dare I say "take a pause sooner". All this optimism hangs in the ballots of declining inflation numbers. Everything we have seen this past month has been great progress. So much so, mortgage rates went from the mid-sevens down to the low to mid sixes. This makes a huge…
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