Travis Bard profile image

By Travis Bard

We have a simple goal - impact the lives of our clients and change the lives of our agent partners. The PLACE.com business platform allows us to do both and we could not be more excited about the future.

Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call

As we reach the midway point of 2023, what critical changes have happened to the housing market and what can we expect in the next few months? Today, we’re taking a quick look at a few market factors and sharing some of the insights and predictions of Lawrence Yun, the chief economist for the National Association of Realtors. This will help you stay informed about your housing market. 

Listen to the full update in the video above or use these timestamps to browse specific topics at your leisure:

0:00 — Introduction

0:46 — Active listings and homes under contract

1:46 — New-construction homes 

2:05 — Prices and interest rates

2:59 — The rental market

3:31 — A summary of the market

4:22 — Wrapping up

If you have any questions about the market or need help with your real estate goals, call or email us. We’re here to share our expertise with you and do everything we can to help you succeed.

  • Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call

  • What’s Your Prescott Area Home Worth?. Are you thinking of selling your home or interested in learning about home prices in your neighborhood? We can help you. Free Home Value Report

  • Looking for a Prescott Area Home?. Search our entire database for your Prescott Area Home. Search for Homes

  • Free Real Estate Newsletter. Get our latest Q&A, insights, and market updates to make smarter decisions. Subscribe Now