What’s Ahead for Home Prices in 2023
Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of
![Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230330/16/w600_original_da3a74c6-0d46-4828-8a9c-54929f243653-png.webp)
Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC]
Fewer million-dollar homes in DC area
Modestly-falling home prices have shaved off the top of the D.C. region’s housing market, with the number of homes valued at $1 million or more falling. That matches a national trend. Redfin reports that in January, 10.8% of all homes in the D.C. metro were valued at $1 million or more, down from 11
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