An Outlook for Residential
Real Estate Investing in 2023
These solopreneurs and career-rehabbers continue to buy outdated properties and bring a fresh supply of homes back into the market.
In this report, we reveal how these SFR investors do it and the variance that exists between the investment market and the traditional real estate market.
Demand will remain. And home prices will moderate to make room in buyer’s budgets for rising rates.
The outlook for mortgage rates has changed since the peak of just over 7% in November 2022. With 85% of existing mortgages carrying a rate below 5%, expect homeowners to remain in place, limiting new listing inventory.
Mortgage applications will pick up but it will take time to educate consumers on the new rate environment. Useful tools like mortgage rate buy-downs will offer consumers more options when financing and allow lenders to become competitive.
We can expect traditional real estate market headlines to focus on the macro environment, which
won’t appear favorable.
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