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2023 Housing Price Forecasts: Reversion To The Mean
The Financial Samurai Podcast
Why I Don't Expect Home Prices to Decline by Much More Than 8% in 2023
Real estate has outperformed the S&P 500 by a lot in 2022. One 30 year fixed rate mortgages should decline by 2 to 3% from their peak of 7%. If mortgage rates do indeed decline to let's say an average of 4 to 5%, that pickup in demand could be greater than 25, maybe 30%.
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