Page 43 - The Houstonian Review - Fall Issue 2022 | Sintia Solis
P. 43

Predictions for 2023
            Based on all of these factors, we predict that prices
            will continue to rise through 2023, although at
            a slower pace than we’ve seen over the past few
            years. Families will still be looking for suburban
            homes with plenty of space for working from home                 The Real Estate
            and virtual schooling. However, there may also be
            an increase in demand for smaller properties in
            urban areas as Millennials start to enter their 30s                        Market
            and settle down.
            If you’re thinking about buying a home or                                        In
            investment property in 2023, now is a good time
            to start doing your research. Prices are expected
            to continue rising, although at a slower pace than                            2023
            recent years. Families will still be seeking suburban
            homes with plenty space while Millennials may
            start looking for smaller properties closer to urban
            amenities.  With interest rates expected to stay
            low, now is a great time to start shopping for your
            dream home!


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