What Surprises Await in the 2023 Housing Market!

Analysts revise their outlook: Home prices won’t decline this year.
Inventory has decreased by 39%, impacting availability & prices compared to pre-pandemic.
High mortgage rates discourage sellers from listing their homes, leading to reduced inventory.
Homebuilders slowly increase construction to meet demand but at a cautious pace.
Despite affordability and supply challenges, home sales and housing starts will stabilize throughout 2023.