Home prices have declined the most in the western states but have stayed stable or slightly increased in the eastern states.
The default mentality when buying a house should be to aim for a 10% discount to market price.
There is pent-up demand and growing cash balances among potential homebuyers, leading to an increase in housing market activity.
The rebound of the stock market has made investors feel wealthier, increasing their propensity to buy Real Estate.
Mortgage rates have peaked, and the Fed's rate hikes are expected to end by summer, leading to a wave of pent-up home buying demand.
Buying a house by the end of 2023 allows buyers to take advantage of declining mortgage rates.
Buying a House by End-2023: A Window of Opportunity Emerges
