Will the home prices come down in 2023?

<p>According to the experts, don't expect interest rates to come down any time soon and we will not see interest rates go below 5% either. Homeowners are reluctant to sell their homes and move up or down a size because of their locked-in low-interest rates of 4% or below. This is causing an inventory shortage. Because of the rise in interest rates, homes are staying on the market for a longer period of time. Some areas of the country might see a decline in prices while others might see price appreciation.</p> --- Send in a voice message: https://anchor.fm/rooparealtor/message