?? Real Estate Predictions 2023 ?? Home rents are expected to rise more than home prices in 2023

Real Estate Predictions 2023 | home rents are expected to rise more than home prices in 2023

Nationwide Realtor.com expects home prices for existing homes to increase 5.4% in 2023.

Additional videos on this channel have shown a variety of expectations for price growth in the Phoenix Metro Arizona area of about the same amount.

However, the numbers show a bottoming in prices late in 2022.

So if the normal spring pressure on prices takes place this year (no reason why the spring activity won't occur in 2023) Arizona Real Estate might see this increase early in the year.

Rents in 2023 are expected to increase more than home prices in 2023.

In fact, rents are expected to increase by over 6% this year.

This is a time to start investigating how to own your own housing!

Don't wait until prices have already increased!

When you own your own housing you make yourself rich, not your landlord.

Renters with leases being renewed this year should expect a "sticker shock" at renewal time.

No matter when your lease renews, contact me to find out how to own your own home.

There are many plans available for first-time homebuyers for less than the standard 20% downpayment.

Upsizing or downsizing homeowners can take advantage of the huge equity build-up in the last several years to purchase a new home without having to sell their current home first.

Contact me to find out about these awesome homeownership plans.