{"id":5108,"date":"2023-09-08T05:30:00","date_gmt":"2023-09-08T10:30:00","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/home-price-forecasts-revised-for-2023-infographic\/"},"modified":"2024-01-18T20:54:47","modified_gmt":"2024-01-19T02:54:47","slug":"home-price-forecasts-revised-for-2023-infographic","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/home-price-forecasts-revised-for-2023-infographic\/","title":{"rendered":"Home Price Forecasts Revised for 2023 [INFOGRAPHIC]"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230907\/Home-Price-Forecasts-Revised-for-2023-KCM-Share.png?w=358&#038;ssl=1\" alt=\"Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear: both;max-width: 100%\" \/><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.simplifyingthemarket.com\/content\/images\/20230907\/Home-Price-Forecasts-Revised-for-2023-MEM.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230907\/Home-Price-Forecasts-Revised-for-2023-MEM.png?ssl=1\"><\/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 low.<\/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 prices are no longer <a href=\"https:\/\/twitter.com\/NewsLambert\/status\/1686959362563092480\" rel=\"noopener noreferrer\" target=\"_blank\">projected<\/a> to decrease.<\/li>\n<li>Connect 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>&nbsp;<\/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=dd7a875aaf273bf9cc0d451ff7cd4bec791f29b000f7916b3935d94770ed1f009af1072ee8400b8d3d40310113be33e6106c9aea71d7b22fbb87ad26bbcfe90630f1ef8f04bd2f7b7576e1b494263bf85f1ae4e4ba224216<\/a><\/li>\n<\/ul>\n<p>Source: New feed<\/p>\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":1,"featured_media":5109,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-5108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Home Price Forecasts Revised for 2023 [INFOGRAPHIC]&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/home-price-forecasts-revised-for-2023-infographic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Price Forecasts Revised for 2023 [INFOGRAPHIC]&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Some Highlights Last year, some housing experts projected a decline in home prices by the end of 2023. 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