This past year, the real estate market has jumped from one extreme to the next. Leaving home buyers to wonder if buying a house will get any easier in 2023 or the years ahead?
In the near future it may be easier to buy a home, as there are more homes on the market than the previouse few years, and fewer buyers to compete against.
But it may be more difficult to purchase in the near future for other reasons like higher interest rates, inflation, lack of housing supply and an increase in construction cost.
So in the below video are some things to consider when contemplating the real estate market and your home search.
There are a number of factors that will keep housing supply options limited both now and in the future, including inflation and rising interest rates, supply-chain issues, and an increase construction costs.
So, let’s chat about 5 important things buyers should keep in mind when contemplating the real estate market and their home search next year and the years to come.
Please check out my YouTube video below.
Thanks - Ainsley Gower