The 2023 housing market is poised to be more balanced.
The Fed increased its benchmark rate by 0.25% and inflation has declined.
The median sale price continued its seven-month decline from its June 2022 peak.
Banks are tightening their credit standards to hold more liquid assets on their balance sheets.
Home sales fell 3.4% month over month as homebuyers faced volatile mortgage rates.
The Fed will likely raise rates at least two more times this year.
We’re happy to say that consensus has shifted to moderate economic growth.
Are you interested in buying a home? Look no further than working with a real estate expert.
You have successfully been added to our Newsletter. Stay tuned for the latest updates sent straight to your inbox!
We help clients sell and buy real estate. We’re friendly, reputable, and experienced. Get started by scheduling an online or in-person meeting.
Phone
Email
Address
1100 Moraga Way, Suite 113 Moraga, CA 94556 Katie Krembs | CA DRE# 01921562 Katy Anderson | CA DRE# 01739334
Message sent successfully!