Realtor.com makes predictions for US, Nashville housing markets in 2023

Realtor.com makes predictions for US, Nashville housing markets in 2023

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Momentum in the housing market has waned in the latter half of 2022, with rising interest rates and high inflation taking a toll. So what's in store for 2023? Realtor.com released its annual forecast this morning, predicting that U.S. homebuyers will continue to grapple with affordability challenges next year but will face less competition as more properties come on the market. In the Nashville market, Realtor.com anticipates an annual decline of 3.4% in home sales next year. Local home prices…

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