With the discussion surrounding the economy and housing market, some buyers are toggling the notion of waiting to purchase a home. Currently, all signs indicate a strong market progressing forward into 2023. With housing prices stabilized, and median prices still higher than this time last year, there is no indication that prices will drop going into 2023. While economists predict a potential recession based upon the past two quarters drop in the Gross Domestic Product (GDP) we have yet to see this impact the housing market, as both consumer spending and the job market remain strong.
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