12 real estate predictions for 2023

REality

Dec 28, 2022•42 min•Season 1Ep. 28

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Episode description

Happy New Year to all as we put a bow on our final episode of REality for season one. And wow, what a treat we have for you today as we welcome a special guest, Craig Chetham, president and CEO of Reality Alliance. In this special episode, Craig and I will go over our 12 real estate predictions for 2023. Here our thoughts on inventory, interest rates, existing home sales, the future of the ibuyer and more.

On this episode you'll learn:
3:25 What will happen with inventory?
5:10 Interest rate predictions for 2023
8:40 Existing home sales predictions
15:30 What will happen with new home sales?
18:30 Wall Street and real estate
22:30 Fractional ownership
25:15 What will happen with the agent population in 2023?
27:40 Mortgage industry challenges
31:05 What will happen with ibuyers in 2023?
33:05 NAR
36:30 Craig and Gary's prediction for rental rates in 2023
37:43 Where are home prices going in 2023?

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