realestatepredictions

LA County home median sale price jumps $30K.

LA County home median sale price jumps $30,000 from July to August.

U.S. Home Purchase Applications Hit 27 Year Low

Here is another sign that there are not enough homes for sale on the market.

If we had more housing inventory, we would not have this issue. I am still seeing strong buyer demand out in the field.

Revised predictions for what will happen to home prices by the end of 2023:

The original 2023 forecasts (released in late 2022) for all of these organizations called for home prices to fall.

Looks like they have all changed their tune.