Curious if any of those predictions came true? Me too, so I tracked it, and here are the results: bit.ly/MarketPredictions
12/8/23 – November’s Stock Rally Embarrassed Strategists But Vindicated Analysts
12/5/23 – Home Prices Will Drop in 2024, Redfin Says. But These Metros Will Remain Hot.
11/29/23 – Mortgage Rates Drop Again, Sinking 30-Year Average Almost to Its 2-Month Low
11/29/23 – Lower mortgage rates next year unlikely to entice ‘rate-locked’ homeowners to sell, economists say
11/29/23 – Home Prices Predicted to Fall 1.7% in 2024. These Metro Areas Will See the Biggest Declines
11/27/23 – Americans ditched big cities during the pandemic. Now many are regretting it.
11/26/23 – Forget the gloom of the 1970s—UBS thinks the U.S. economy is headed back to a Clinton-like era of the bustling 1990s
11/16/23 – National Association of Realtors Economist Says Mortgage Rates Are Headed Lower
11/7/23 – Fed’s Bowman says she expects further policy tightening will be needed
11/7/23 – Will mortgage rates go down in 2024?
11/6/23 – Rally will fizzle out in a week or two, Morgan Stanley strategist Wilson says
11/6/23 – Mortgage Interest Rates Today, November 5, 2023 | Rates Decrease as US Economy Cools
11/6/23 – The world economy is defying gravity. That cannot last
11/5/23 – Barclays sees Fed raising rate in January instead of December
11/5/23 – The mortgage rate shock hitting the housing market has years left to run, Capital Economics says
11/1/23 – Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward
10/30/23 – Could Interest Rate Surge to 80’s Sky High? Goldman Sachs CEO David Solomon Predicts
10/12/23 – Housing, Gas Prices Climbed in September
10/13/23 – Bigger, longer downturn expected in housing sales and prices: TD Economics
10/12/23 – Housing remains a puzzle in Fed’s inflation fight
10/7/23 – Charted: The U.S. Mortgage Rate vs. Existing Home Sales
10/2/23 – Housing Market Predictions 2024: What to Expect From Home Prices, Mortgage Rates
9/20/23 – Housing market predictions: Mild recession ‘likeliest outcome’ in 2024, Fannie Mae says
9/11/23 – Is the housing market about to crash? What the experts are saying
9/11/23 – The Mighty American Consumer Is About to Hit a Wall, Investors Say
9/10/23 – It would be a ‘miracle’ to escape a recession and the erosion of credit is similar to 2008, top economist David Rosenberg warns
9/9/23 – ‘It’s gonna get worse’: Banks are bracing for bad loans, but the trouble is only getting started
9/8/23 – ‘I don’t see this stopping anytime soon’: The stock market is headed toward new highs, says Wharton finance professor Jeremy Siegel. Here’s why he’s so bullish
9/7/23 – Americans really hate the idea of buying a house right now
9/1/23 – “What’s that going to mean for demand for everything? Retail, office, apartments — every aspect of real estate is going to get whacked, and I think we’re just in the first inning,” the real estate mogul told CNBC.
9/1/23 – “We’ve been stuck in this cycle now really since COVID. I think that people are just kind of waiting for things to change, and it might not ever change,” The Rogers Healy Companies CEO Rogers Healy said. Read the rest.
8/31/23 – Real Estate 2023: There Are More Houses on the Market, But You’ll Pay An Extra 38% for One
8/30/23 – NAR rumored to hold an emergency meeting in wake of sexual harassment scandal
8/30/23 – Top 10 Most In-Demand Housing Markets in the U.S.
8/30/23 – Short U.S. housing correction likely over; tight supply to keep prices high: Reuters poll
8/29/23 – A lawsuit filed against “influencer” Grant Cardone offers an inside look at a get-rich-quick scheme that could help enable the next housing market crash.
8/29/23 – US housing market faces new hurdle: Student loan repayments. Collectively, borrowers are to resume paying about $10 billion a month, according to an analysis from JPMorgan.
8/26/23 – President of Powerful Realtors Group Is Accused of Sexual Harassment Update: He has resigned. (NYTimes articles, maybe behind a paywall.
8/15/23 – Foreign buyers are bailing on the U.S. housing market. Here’s why
8/7/23 – Home prices hit record highs in nearly two-thirds of major markets
8/7/23 – Wells Fargo reiterates forecast of recession ahead
8/4/23 – Mortgage payments are 19% more expensive than last year as home prices continue surging, Redfin says
8/2/23 – Maybe the ‘most anticipated recession’ won’t come after all
8/1/23 – ‘Tougher times are ahead’, HSBC warns homeowners
7/31/23 – Home prices will drop next year after falling flat in 2023, analysts predict
7/26/23 – Powell: Housing market has ‘a ways to go’ before prices cool
7/26/23 – Why Nobody Is Buying Vacation Homes Anymore
7/25/23 – ‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea Culpa
7/20/23 – US existing home sales fall; annual house price decline slows
7/19/23 – Loan officer: I’m seeing middle-class homebuyers take on $7,000 mortgages thinking they can ‘always refinance when rates come down in the future’
7/18/23 – Four years of housing market gridlock? Goldman Sachs issues U.S. home price predictions through 2026
7/15/23 – Morningstar: 15 housing markets with the most correction risk—and the 15 with the least risk
7/15/23 – The US will probably avoid a recession. That might be bad news for homebuyers.
7/17/23 – Four things to know about the rapidly changing housing market
7/11/23 – The housing market is near an inflection point as home prices show signs of trending sharply higher, Black Knight says
7/10/23 – Morningstar makes a bold call that housing market affordability will be restored by 2025. Here’s how
7/0/23 – Vacation rental market shift leaves owners in “nerve-wracking” situation
7/10/23 – Economist sees ‘a potential rally’ in the housing market
7/9/23 – Barbara Corcoran Says We Could Have a COVID Housing Market Back Before You Know It
7/5/23 – Housing expert: ‘Convincing price rebound to come next year’
6/29/23 – Homebuyers becoming ‘a bit more accustomed’ to supply shortage amid mortgage rates‘
6/29/23 – Housing conditions worsened for homebuyers in May
6/29/23 – US bank stocks rise as lenders sail through Fed’s stress test
6/29/23 – US weekly jobless claims post biggest drop in 20 months
6/28/23 – Here are 3 signs the housing market may be rebounding
6/28/23 – Airbnb Revenue Collapse Data Sparks Housing Market Crash Fears
6/28/23 – U.S. pending home sales fall but the housing market is in recovery mode
6/27/23 – Jerome Powell promised a housing market ‘reset.’ But is it actually happening?
6/27/23 – US consumer confidence races to 17-month high; housing market regaining strength
6/26/23 – D.C. Housing Market Forecast
6/21/23 – The housing market is so tight that home prices are 44% higher than before the pandemic
6/18/23 – Barbara Corcoran Says Housing Prices ‘Are Going To Go Through The Roof’: Here’s When
6/7/23 – Zillow just got super bullish on these 37 housing markets
5/31/23 – Small-time multifamily investors go belly-up
5/31/23 – As of May 5, Miami had 6,962 Airbnb listings or 1,478 listings per 100,000 people. That’s 99% higher than the number of listings for the No. 2 city, Scottsdale, Arizona
5/31/23 – First-time buyers represented 29% of buyers, virtually flat compared to March 2023 and April 2022. Homes listed received an average of 3.1 offers, virtually unchanged from 3.2 last month and down from 5.5 offers in April 2022.
5/30/23 – The Supply chain across new home construction (namely land) remains structurally broken. While things have improved for sure, the new normal of bottlenecks everywhere likely creates a ceiling on starts. Build-to-rent (BTR) capital markets are in dislocation, with a ton of deals shelved over the last year.
5/25/23 – 2023 Summer housing market predictions
5/24/23 – The housing market’s Ice Age
5/18/23 – Housing Market Predictions for the Next 5 Years Promise Lots of Surprises
5/15/23 – In Less Than a Decade, You’ll Wish You Bought a Home in These 14 Metros
5/11/23 – Americans’ views of real estate as best investment decline: poll
5/11/23 – Mortgage Delinquency Rate in First-Quarter 2023 Declines to Second-Lowest Level in MBA’s Survey
5/10/23 – The 2023 Housing Market in 5 Charts
5/9/23 – Homeowners are in better shape than in 2008
5/5/23 – US job growth beats expectations in April as economy adds 253,000 new positions
5/5/23 – Billings real-estate agent encounters intruder while giving a virtual tour of home
5/4/23 – Public home builders have 18% more actively selling communities vs. one year ago.
5/4/23 – Brace yourselves, the banking crisis is just getting started
5/4/23 – Seattle-area housing market kicks off spring season with a whimper
