{"id":9144,"date":"2023-09-08T06:30:00","date_gmt":"2023-09-08T10:30:00","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=9144"},"modified":"2023-09-08T06:30:00","modified_gmt":"2023-09-08T10:30:00","slug":"home-price-forecasts-revised-for-2023-infographic-2","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=9144","title":{"rendered":"Home Price Forecasts Revised for 2023 [INFOGRAPHIC]"},"content":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2023\/09\/Home-Price-Forecasts-Revised-for-2023-KCM-Share-1.png\" alt=\"Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\"><\/p>\n<p><a href=\"https:\/\/www.simplifyingthemarket.com\/content\/images\/20230907\/Home-Price-Forecasts-Revised-for-2023-MEM.png?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2023\/09\/Home-Price-Forecasts-Revised-for-2023-MEM-1.png\"><\/a><\/p>\n<h3>Some Highlights<\/h3>\n<ul>\n<li>Last year, some <a href=\"https:\/\/www.mba.org\/docs\/default-source\/research-and-forecasts\/forecasts\/2023\/mortgage-finance-forecast-aug-2023.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">housing<\/a> experts <a href=\"https:\/\/www.fanniemae.com\/media\/48726\/display\" rel=\"noopener noreferrer\" target=\"_blank\">projected<\/a> a decline in home <a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1671900591113609216\" rel=\"noopener noreferrer\" target=\"_blank\">prices<\/a> by the end of 2023. But that didn\u2019t happen \u2013 inventory was just too <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/25\/todays-housing-market-has-only-half-the-usual-inventory-infographic\/\" rel=\"noopener noreferrer\" target=\"_blank\">low<\/a>.<\/li>\n<li>While it\u2019s normal for <a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1671556169712672768\" rel=\"noopener noreferrer\" target=\"_blank\">experts<\/a> to re-forecast throughout the year, the <a href=\"https:\/\/www.zillow.com\/research\/housing-market-challenges-32923\/\" rel=\"noopener noreferrer\" target=\"_blank\">good news<\/a> for 2023 is that <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/09\/05\/expert-home-price-forecasts-revised-up-for-2023\/\" rel=\"noopener noreferrer\" target=\"_blank\">prices<\/a> are no longer <a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1686959362563092480\" rel=\"noopener noreferrer\" target=\"_blank\">projected<\/a> to decrease.<\/li>\n<li><a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/23\/why-you-need-a-true-expert-in-todays-housing-market\/\" rel=\"noopener noreferrer\" target=\"_blank\">Connect<\/a> with your trusted real estate agent to find out what\u2019s <a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1691799764466008217\" rel=\"noopener noreferrer\" target=\"_blank\">happening<\/a> with home <a href=\"https:\/\/pulsenomics.com\/surveys\/#home-price-expectations\" rel=\"noopener noreferrer\" target=\"_blank\">values<\/a> in your local area.<\/li>\n<\/ul>\n<p><\/p>\n<p><strong>Sources<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.mba.org\/docs\/default-source\/research-and-forecasts\/forecasts\/mortgage-finance-forecast-dec-2022.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.mba.org\/docs\/default-source\/research-and-forecasts\/forecasts\/mortgage-finance-forecast-dec-2022.pdf<\/a><\/li>\n<li><a href=\"https:\/\/www.mba.org\/docs\/default-source\/research-and-forecasts\/forecasts\/2023\/mortgage-finance-forecast-aug-2023.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.mba.org\/docs\/default-source\/research-and-forecasts\/forecasts\/2023\/mortgage-finance-forecast-aug-2023.pdf<\/a><\/li>\n<li><a href=\"https:\/\/www.fanniemae.com\/media\/45801\/display\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.fanniemae.com\/media\/45801\/display<\/a><\/li>\n<li><a href=\"https:\/\/www.fanniemae.com\/media\/48726\/display\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.fanniemae.com\/media\/48726\/display<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1671900591113609216\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/NewsLambert\/status\/1671900591113609216<\/a> (Morgan Stanley)<\/li>\n<li><a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1671556169712672768\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/NewsLambert\/status\/1671556169712672768<\/a> (AEI)<\/li>\n<li><a href=\"https:\/\/www.zillow.com\/research\/data\/\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.zillow.com\/research\/data\/<\/a><\/li>\n<li><a href=\"https:\/\/www.zillow.com\/research\/housing-market-challenges-32923\/\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.zillow.com\/research\/housing-market-challenges-32923\/<\/a><\/li>\n<li><a href=\"https:\/\/ustoday.news\/a-20-drop-in-house-prices-7-forecast-models-tend-to-crash-here-the-other-13-models-show-the-housing-market-in-2023\/\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/ustoday.news\/a-20-drop-in-house-prices-7-forecast-models-tend-to-crash-here-the-other-13-models-show-the-housing-market-in-2023\/<\/a> (Wells Fargo)<\/li>\n<li><a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1686959362563092480\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/NewsLambert\/status\/1686959362563092480<\/a> (Wells Fargo)<\/li>\n<li><a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1691799764466008217\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/NewsLambert\/status\/1691799764466008217<\/a> (Goldman Sachs)<\/li>\n<li><a href=\"https:\/\/pulsenomics.com\/surveys\/#home-price-expectations\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/pulsenomics.com\/surveys\/#home-price-expectations<\/a><\/li>\n<li><a href=\"https:\/\/www.corelogic.com\/intelligence\/us-corelogic-sp-case-shiller-index-down-by-0-5-year-over-year-in-may-but-a-turning-point-may-be-ahead\/\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/www.corelogic.com\/intelligence\/us-corelogic-sp-case-shiller-index-down-by-0-5-year-over-year-in-may-but-a-turning-point-may-be-ahead\/<\/a><\/li>\n<li><a href=\"https:\/\/view.e.fanniemae.com\/?qs=dd7a875aaf273bf9cc0d451ff7cd4bec791f29b000f7916b3935d94770ed1f009af1072ee8400b8d3d40310113be33e6106c9aea71d7b22fbb87ad26bbcfe90630f1ef8f04bd2f7b7576e1b494263bf85f1ae4e4ba224216\" rel=\"noopener noreferrer\" target=\"_blank\">https:\/\/view.e.fanniemae.com\/?qs=<\/a><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Some Highlights Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn\u2019t happen \u2013 inventory was just too low. While it\u2019s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease. Connect with your [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-9144","post","type-post","status-publish","format-standard","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/9144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9144"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/9144\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}