Forecast for Housing Market in the Next 5 Years
- Seattle, Portland, San Francisco
- 2022/12/05
There are plenty of predictions about where the housing market is going in 2023, But what about farther out? Mortgage interest rates could continue to increase for a few weeks or months; however, within 2-yr, the rate should return to 5.5% or 6%. It is foreseen zero or minor changes in purchase price tags on a nationwide basis next year, with ↑ or ↓ of ~5%.
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