The 2023 housing market forecast

Expert predictions for the 2023 housing market

This week we look at what reverse mortgage professionals may expect of home values in 2023. It’s no longer deniable that the U.S. housing market is suffering a hangover from the extreme measures taken to stimulate the economy in the wake of the coronavirus pandemic. The nasty side effect is creating headaches for American home sellers with falling median sales prices and for consumers as inflation proved to be more persistent than transitory.

Chen Zhao, a senior manager, and economist at Redfin said during a panel discussion last Tuesday. 

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