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Five Real Estate Technology Trends To Expect In 2023
CEO and cofounder of Mashvisor, a real estate data analytics company that helps even beginners make profitable investments in minutes. getty Just a few weeks away from 2023, all eyes in the real estate industry are turning to the new year. This is understandable considering the turmoil that we’ve experienced since 2020. Despite the turbulence of the last couple of years, I think it is safe to say that the real estate industry as a whole has weathered the storm relatively well, and this is—at least partially—owing to technology advancements and tools that supported all stakeholders during these tough times. Agents, investors, homeowners, lenders, property managers and real estate entrepreneurs…
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4 economists and real estate pros on what to expect from home prices
What will home prices do this season, and into 2023? Getty Images Home prices have been on a rapid ascent: Depending on which gauge you look at, US home prices have been rising at a pace of 15% to 20% a year. But pros say that rapid ascent is likely to slow through the next year or so, as mortgage rates continue to climb (see the lowest mortgage rates you can qualify for now here). Here’s what experts told us they expect to happen to home prices both in the short term and longer term. What will home prices do in the short term? Don’t expect home price growth to…