Experts: Dallas-Fort Worth home prices expected to fall in 2023, but not by much The number of homes sold in the 100 largest housing markets this October was half of last year, according to the Knock Buyer-Seller Market Index. While that may start to give home buyers more power, experts say high interest rates are preventing a true buyer's market. "If you managed to refinance in 2020 when rates were at their lowest, and rate was 2.5 or 2.75, and you were to try to sell your house and buy your neighbor's same house, same price, same neighborhood, your payment on the new loan at 6.5 or 7 percent would be 50% higher than payment on mortgage you have now," Purdue said.