4min chapter

It's a Good Life cover image

S2E131 Bigger and Bolder Than Ever - My Predictions for the Market

It's a Good Life

CHAPTER

The Fed's Forecast for 2023

This year is going to be a tough year. In 2023, if you look at existing home sales, it's going to be about 4.2 million homes down from the 5 million that happened last year. It'll line up to be the second or third biggest home sales year in American history. The low supply will improve enough to meet this demand, but still won't be enough. People need to not focus on the here and now because the Fed is trying to control an overheated economy.

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