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Housing Market

Home » Housing Market
Top-Housing-Market-Predictions-for-2023-BAM-featured-image
Housing Market

Top Housing Market Predictions for 2023

Welcome to BAM’s roundup of the top housing market predictions for 2023, with insights from industry experts at Fannie Mae, Redfin, Zillow, NAR, and Realtor.com®, as well as the minds behind BAM’s weekly podcasts.

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December 29, 2022
Two men sit on a rug at a low table, reviewing papers and notes while one shows something on his phone.
Housing Market

Home Affordability Worsens in the Fourth Quarter of 2022

Despite widespread declines in home prices, home affordability in the U.S. has worsened during the fourth quarter of 2022. Here’s what you need to know.

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December 28, 2022
Nighttime cityscape with a blue-lit historic station in the foreground and a bright skyline behind.
Housing Market

Zillow’s Most Popular City in 2022

Zillow®’s most popular city in 2022 is Prairie Village, Kansas, as interest in Midwest and Northeast markets grow due to affordability challenges.

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December 26, 2022
A hand holding a fanned stack of US $100 bills with the front note visible at the right edge.
Housing Market

All-Cash Purchases Reach Their Highest Level Since 2014

A new Redfin report puts the percentage of home sales with all-cash purchases at its highest level since 2014.

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December 22, 2022
Housing Market

Top 10 Markets for Luxury Second Homes

Pacaso recently released its annual report of the top 10 luxury second home markets across the U.S.

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December 22, 2022
Dusk city skyline with the Bay Bridge illuminated across the bay and a dense grid of lit buildings in the foreground.
Housing Market

Home Buyers Leaving Expensive Job Centers

A new Redfin report shows a near-record share of home buyers leaving expensive job centers in the three months ending in November. With mortgage rates still above 6% and home prices still rising, buyers are drawn by the potential cost savings.

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December 21, 2022
Fannie Mae logo with wordmark on a blue financial background showing a red stock chart line.
Housing Market

Fannie Mae Forecasts Positive Growth, Followed by a Recession

The latest Fannie Mae report forecasts a slight margin of positive growth for the end of 2022, followed by a modest recession in 2023. Meaningful recovery for the housing market is expected in 2024.

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December 21, 2022
Modern two-story house with glass walls, a covered patio, and an illuminated rectangular pool at dusk outside a contemporary home.
Housing Market

Zillow’s Must-Have Home Features for 2023

Zillow® data identified five must-have home features for 2023. Learn what features are most important to home buyers.

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December 20, 2022
Laptop screen shows a Zillow listing with house photos on the left and a highlighted 'Down payment assistance' panel on the right (green border).
Housing Market

Over 1 Million Searched for Down Payment Assistance Last Year

Buyers are looking for ways to make their home purchases more affordable, with over one million searching for down payment assistance last year. As an agent, you need to share the resources buyers need.

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December 19, 2022
Luxurious courtyard pool area at dusk with blue-lit pool, palm trees, and orange lounge chairs around fire bowls and seating areas.
Housing Market

How Luxury Buyers Search for Real Estate Agents

Global real estate brand Engel & Völkers released an original trend report with the findings of exclusive research on luxury consumers in North America. Their research identified five trends, including how luxury buyers search for real estate agents.

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December 16, 2022
Dog sitting on a brown doorstep mat that reads 'HOME', looking up at the camera inside a wooden-floored entryway.
Housing Market

Pet Owners Pass on Homes that Aren’t Fur-Baby-Friendly

According to a study by Realtor.com and HarrisX, pet owners are more likely to walk away from their dream home if it doesn’t accommodate their fur babies. And 82% put their pet’s needs at the same level as their own (or higher).

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December 16, 2022
Six-person video conference grid with the National Association of Realtors logo above, showing diverse speakers in separate tiles.
Housing Market

NAR 2023 Forecast for Residential Real Estate

On December 13, NAR held its fourth annual virtual economic and real estate summit to review 2022 and to share expectations for next year’s economy and real estate market. Here are the highlights of the NAR 2023 forecast for residential real estate.

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December 15, 2022
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