How Trendy Is The Housing Market in 2023?
As a buyer shopping for a home this year, here is what you need to know about the latest housing trends. From smart homes to sustainability and the importance of ‘price’, these are the trends buyers will see in 2023 when shopping for a home.
Experts are predicting home prices will continue to rise a bit due to strong demand and limited inventory. Of course, this will also depend on the region where you are looking. The remote working trend is expected to continue having buyers shopping for homes with dedicated workspaces and technology infrastructure.
Buyers will focus on sustainability and seek homes with eco-friendly features like solar and updated technology. Buyers will continue to show interest in the suburban and rural areas like we saw the last couple of years and seek larger homes in more spacious and densely populated areas. The trend toward smart homes featuring advanced technologies such as voice-controlled devices and automated systems is expected to grow.
Finally, buyers will seek to find homes that have been renovated and upgraded.
If you would like to learn more about the latest housing market trends and how you can find the perfect home for you and your family, feel free to reach out to my team and I so we can set you up with a detailed property search using MLS filters, and help you find the perfect home to meet all your needs.
If you are considering selling, take advantage of our pre-market consultation where I will stop by for 20 minutes or so, and we will walk through your home together. You can let me know about any home improvements that you are considering making, ahead of selling, and I can share with you the small home improvements that provide the very best return on your investment. Sellers that take us up on this offer typically receive a 5 to 10 times return on the cost of the improvement.
Whether you want to sell your existing home, buy your first home, upsize, downsize, purchase a vacation home, or just talk about options, a real estate professional is your best source for information based on current trends in our area. If you're interested in learning more about the 2023 real estate forecast, don't hesitate to reach out - we're happy to help!