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The 2023 Housing Crash Explained | Knowledge Brokers Podcast 001

Knowledge Brokers Podcast

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The 2023 Housing Market Forecast

Logan Motoshami has a 2023 housing market forecast that we'll link up in here. He goes back and forth between his 2022 forecast into what he's looking at for 2023. As long as rates stay above 5.8, 7, 5%, which is where they are sitting today on average, we're at 6.5%. We get a little pop at the very end of the year of 22. His affordability index, we'll see the pressure on home prices continue. And for 2023, assuming rates stay above that rate of 5.875, we should see a 5.9 to 7.4% national home price decline.

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