Housing: What to know before buying a home in 2023

#housing #realestate #yahoofinance
Yahoo Finance's Vera Gibbons breaks down what prospective home buyers need to know about the housing market and affordability in 2023.
Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.

Connect with Yahoo Finance:

[YT_C]

Rates are not going to coming down soon. Sellers hurry up and sell now before it’s too late. Housing market has seen 8-10 years of growth in just 2 years. New buyers are struggling to pay the high monthly mortgage payments. Prices will fall at least 20% from here on.

[KN-ehfh]

I don't think the market will crash like 2008. I will say mostly an adjustment. If you are buying as your home, I will say anytime is a good time. If investment property, I will wait a little. just saying.

[TonyKingOfTheOzone]

Over valued all of it, until prices come back in line, there will continue to be pain. Higher for longer = interest rates at 4 -5% for the foreseeable future

[davidcantor]

Some markets will favor long term. Here in Vegas I believe it to be more stable since we are a state that absorbs a majority of the CA residents fleeing their high taxes and costs of living.

[slayermeb]

Im not buying until properties are half the price...

[Dayvid-so]

Everyone wait don’t buy till it all collapses

[ChatBloom]

Who wants to buy a house? Tenants don't leave and don't have to pay rent 🤡