Virginia Gardner

Blog :: 12-2022

What To Expect From the Housing Market in 2023

What To Expect from the Housing Market in 2023 | Simplifying The Market

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, its put the market into a reset position.

As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled something thats never happened before in a calendar year. This had a cascading impact on buyer activity, the balance between

[...]

Mortgage Rates Are Dropping. What Does That Mean for You?

Mortgage Rates Are Dropping. What Does That Mean for You? | Simplifying The Market

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now theyre dropping, and that has to do with everything happening in the economy.

Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well by

[...]
1-10 of 22 Posts