If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market.That means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying:Danielle Hale, Chief Economist at realtor.com, says:
Mark Fleming, Chief Economist at First American, says:
Taylor Marr, Deputy Chief Economist at Redfin, says:
John Paulson, Founder of Paulson & Co., says:
What Does This Mean for You?
|The best way to get the answers you need is to lean on a local real estate advisor. They’ll be able to explain the latest trends in your specific market so you can make a confident and informed decision on your next step toward buying or selling a home.|
|If you have questions about what’s happening with home prices today, let’s connect so you have the latest on our local market.|