The 2023 housing market forecast - Skip to content

The 2023 housing market forecast


Expert predictions for the 2023 housing market

This week we look at what reverse mortgage professionals may expect of home values in 2023. It’s no longer deniable that the U.S. housing market is suffering a hangover from the extreme measures taken to stimulate the economy in the wake of the coronavirus pandemic. The nasty side effect is creating headaches for American home sellers with falling median sales prices and for consumers as inflation proved to be more persistent than transitory.

Chen Zhao, a senior manager, and economist at Redfin said during a panel discussion last Tuesday. 

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Editor in Chief:
As a prominent commentator and Editor in Chief at, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
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