Housing Market 2023: Where Its Headed, According To Experts
Nasdaq It has been a wild few years for the housing market. If youre thinking about buying or selling in 2023, youre probably feeling a bit apprehensive about the process.
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Theres no way to know exactly which challenges youll face, but you want to be as prepared as possible. GOBankingRates spoke with several real estate experts to find out what they think this years housing market could look like.
Buyers Will Get Some Leverage
The market has shifted to a buyer-friendlier market, but sellers still hold a lot of cards, said Lindsay McLean, co-founder and CEO of HomeLister. As mortgage rates rise and affordability dips, sellers may have to shift their expectations to match the changing market and buyers [will] have more leverage.
