What does the 2023 housing market have in store for us? I'm Beth Tamminga with eXp Realty. Are you and your family in the market to buy or sell this year?

According to HousingWire, "The housing market of the past 2.5 years was characterized by 3% mortgage rates, fast-paced bidding wars, and record low inventory. But the market is changing and now is the time to become re-educated about what a typical housing market looks like."

The National Association of Realtors predicts that this year should bring greater stability and predictability to the housing market if inflation continues to ease and mortgage rates stabilize. Prices should not fluctuate drastically but may vary by local area.

According to Mark Fleming chief economist at First American, "The housing market will benefit from strong demographic driven demand and an overall long run shortage of supply."

So, not the roller coaster market of the last couple of years, but a more stable one. Are you curious about what the 2023 housing market holds?

I'm Beth Tamminga with eXp Realty and I'm here to help you make an informed decision about your real estate needs. Whether you are looking to buy or sell, I'm here to guide you through the process. Please don't hesitate to reach out if you would like to learn more about the market or see additional data. I look forward to helping you find your way home!

Beth Tamminga

Realtor | eXp Realty

📲 Call/Text at (803)298-9381

💻 Email: tammingabeth@gmail.com

🌐 Website: http://elizabethtamminga.exprealty.com/

📅 Pick My Brain: https://calendly.com/bethtamminga/buyerseller