Is the housing market going to crash in 2023? Most economists and forecasters do not believe the housing market is going to crash in 2023. There may be a correction, and there may be a decline in housing values, but a full-on crash is not expected by most who study the subject. After the huge [...]
Goldman Sachs changed their 2023 housing market forecast in a more positive direction. As noted in my post, "What Will Happen in the 2023 Real Estate Market?" Goldman Sachs was forecasting an average of 7.6% price decline from 2022. Goldman Sachs already adjusted their outlook on January 10th, reducing that price decline to an average [...]
What will happen in the 2023 real estate market? With 27 research firms with 27 different forecasts weighing in, the guess is probably somewhere in the middle of the predictions. Realtor.com has the most optimistic outlook of the 27. Economists at Realtor.com think that the median price of existing homes will rise 5.4% this year, [...]
This Month in Real Estate February 2016 is out! Home sales activity rose to a pace of 5.5 million up from the pace of 4.8 million projected home sales that we saw last month in This Month in Real Estate January 2016. The median home price rose to $224,100 up from $220,300 last month. This [...]
This Month in Real Estate January 2016 has been released. Home sales activity dropped to a pace of 4.8 million, down from the pace of 5.4 million projected home sales that we saw last month in This Month in Real Estate December 2015. The median home price rose to $220,300 from $219,600 from last month. [...]
This Month in Real Estate December 2015 has been released. Home sales activity dropped to a pace of 5.4 million, down from the pace of 5.6 million projected home sales that we saw last month in This Month in Real Estate November 2015. The median home price dropped again, to $219,600 from to $221,900 last [...]
This Month in Real Estate November 2015 has been released! Home sales activity rose to a pace of 5.6 million, which is up from the pace of 5.3 million projected home sales that we saw last month in This Month in Real Estate October 2015. The median home price dropped again, to $221,900 from to [...]
This Month in Real Estate October 2015 has been released! Home sales activity dropped to a pace of 5.3 million, which is down from the pace of 5.6 million projected home sales that we saw last month in This Month in Real Estate September 2015. The median home price also dropped, to $228,700 from $234,000 [...]
This Month in Real Estate September 2015 has been released! Home sales activity rose to a pace of 5.6 million, which is up from the pace of 5.5 million projected home sales that we saw last month in This Month in Real Estate August 2015. The median home price dropped to $234,000 from $236,400 last [...]
This Month in Real Estate August 2015 has been released! Home sales activity rose to a pace of 5.5 million, which is up from the pace of 5.4 million projected home sales that we saw last month in This Month in Real Estate July 2015. The median home price rose to $236,400 from $228,700 last [...]