Real Estate Market Update: What to Consider When Purchasing Real Estate in 2023

Property prices are starting to decline. Will the current trend continue, or will we see a rebound in prices? What factors will impact real estate prices in 2023?

 

The housing market has experienced its fair share of ups and downs. It can be tough to know whether or not you're making the right decision when buying a home. With the current state of the housing market, it's vital to be well-informed and prepared to ensure that you make the best decision for your financial future. From mortgage rates to inventory levels, many things can impact your home-buying experience.

 

In this week’s episode of The Free Retiree Show, wealth manager Lee Michael Murphy shares the key factors you need to consider when buying a property in 2023. Discover how to navigate the current housing market conditions and provide tips for finding the right property at the right price. Whether you're a first-time homebuyer or an experienced investor, this episode will provide valuable insights to help you make informed decisions and achieve your homeownership goals.

What you’ll learn in the episode:

• Current real estate updates and data
• What to consider when buying real estate in 2023
• Residential real estate supply
• Is the real estate market going up or down?