February 2023 National RE Forecast
We present the RE Luxe Leaders February 2023 National RE Forecast down to the County.
The Tennessee and the Carolinas are recent standouts. The forecast is developing clear pockets of forecasted gains and losses across the nation. Affordability and desirability are driving this trend. Rates dropping are also helping. The housing industry is seeing light at the end of the tunnel after a very slow back half of 2022.
Forecasts bottomed out in December and have found some optimism and rebound. Luxe trends have us expecting a + or – %5 in most of the US with some exceptions. Due to the pocketing, make sure to check with a local professional before signing on the bottom line.
Of course, forecasts are speculative. I won’t share our secret sauce. I will say it’s our best educated guess based on a plethora of factors we think are relevant.
February 2023 National RE Forecast down to the County Map:
*We decreased the map data markers from +/-20% to +/-5% to show greater detail in 9-2022.
If you are interested in a deeper dive in your area, let us know. We love talking about real estate, both generally as well as the individual pockets and the unique drivers behind each one.
Below we include the download of the February 2023 National RE Forecast down to the County for the data geeks.
