Will home prices drop in Arizona 2023?
Arizona Housing Market Forecast 2022 & 2023
Here’s Zillow’s forecast for the metro areas in Arizona. None of these MSAs of Arizona is predicted to see a home price decline in 2023. Rising home values and listing prices, combined with limited inventory, indicate that Arizona’s housing market is tilted toward sellers.
Will Florida home prices drop?
Overall, the Florida housing market is still pretty hot and is expected to stay that way throughout 2022. This is great if you’re a seller because it means home prices are going up and there isn’t much selling competition—so you get the luxury of choosing from the best offers on your timeline.
Will San Diego home prices drop in 2023?
In August 2022, the 30-Year Fixed-Rate was 5.22% while in August 2021, it was 2.84%. The supply is still low and with all of these factors considered, at this time, it is unlikely that the San Diego housing market will see any major price decline in 2022 or 2023.