Altos President Mike Simonsen’s 2023 housing market outlook
Real Trends
DECEMBER 16, 2022
When we started 2022, everything was crazy — bidding wars, immediate sales, overbidding on homes, mortgage rates under 3% — what a year it’s been. This article will focus on what we can see for 2023. We’re going to start with mortgages. Mortgage rates are key. Let’s start with mortgage rates.
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