Our forecast for the Dallas area housing market in 2023 can be summed up in one sentence: A significant cooling trend could slow (or even reverse) home-price growth in the area while shifting the market in favor of buyers. The same could be said for other major cities across Texas, including the formerly red-hot Austin […]
Our Blog: Real Estate Reports for Metro Areas
Forecast: The Phoenix Housing Market Could Cool Considerably in 2023
Phoenix housing market forecasts for 2023 predict a cooling trend. Inventory has risen across the Phoenix metro area, benefiting buyers. The Phoenix real estate market of 2023 could begin to favor buyers. Home prices will likely rise more slowly, and could even level off or dip. After nearly two years of frenzied sales activity and […]
Here’s Why the Bay Area Housing Market Is Cooling Down in 2022
The San Francisco Bay Area housing market is cooling fast in 2022, according to a recent report from the national real estate brokerage Redfin. The company analyzed housing supply, demand, and pricing-related factors in major metro areas across the U.S. They then ranked these metro-level real estate markets to determine which ones were cooling down […]
Bay Area Housing Market Inventory Starting to Rise in 2022
San Francisco Bay Area housing market inventory is starting to rise. Active listings rose by 46% in June 2022, compared to a year earlier. This is the latest sign of a shift within the Bay Area real estate scene. Inventory growth could help balance the housing market into 2023. The past few weeks have brought […]
Austin, Texas Housing Market Forecast 2023: A ‘Cooler’ Real Estate Scene?
Through all of 2021 and into 2022, the Austin real estate market was one of the hottest housing markets in the country. This was largely due to an influx of buyers from other parts of the country, part of a nationwide pandemic-fueled home buying surge. Many are now wondering what’s in store for the Austin […]
Nashville Real Estate Forecast for 2022 – 2023: One of the Hottest Markets?
According to recent reports and forecasts, the Nashville real estate market could be one of the hottest in the nation through 2022 and into 2023. Tight supply conditions, combined with strong demand from home buyers, have increased competition and home prices all across the metro area. One forecast predicted that the Nashville housing market could […]
Will the Boise, Idaho Housing Market Crash in 2022?
Key highlights from this report: The Boise housing market has been sizzling over the past 15 months or so. Home prices have skyrocketed due to strong demand and low inventory. Some people now fear that a real estate downturn or crash is coming. But a Boise, Idaho housing market crash in 2022 seems highly unlikely. […]
Houston, Texas Housing Market Forecast for 2022
A recent home-price forecast for the Houston, Texas real estate market in 2022 predicted that house values across the metro area would continue to rise next year. This Houston housing market forecast was issued by the real estate data company Zillow, in September of 2021. The company predicted home prices in the area would rise […]
Will Austin, Texas Home Prices Drop in 2022, or Keep Climbing?
Will home prices in Austin, Texas drop or go down in 2022? That’s a question on the minds of a lot of people right now. Given the meteoric rise in home values over the past 12 to 18 months, it’s only natural to wonder if the Austin real estate market is due for a downturn. […]
Why the Phoenix, Arizona Housing Market Won’t Crash in 2021
Will the Phoenix housing market crash in 2021? Probably not. Low inventory and strong demand (fueled by population growth) have kept home prices moving north over the past year. And we expect to see more of the same in 2021. Here are three reasons why the Phoenix, Arizona real estate market probably won’t crash in […]