My 10 Predictions for 2023 

1. There is No Housing Bubble - No, we are not headed for a crash.

2. Inflation has seen its Peak - Thank Goodness!

3. The 2023 Market will be very similar to 2022- Historically our inventory will be low.

4. Mortgage Rates Will Drop-  Don’t be surprised if we see interest rates coming into the 5s by summer.

5. Inventory Will Not Grow Significantly- it’s still well below average and below demand

6. There will be No Buyer’s Market, But a More Balanced Market- Sorry buyers, there will be no panic selling.

7. Sellers must become more Realistic- The days of selling a home before the sign is in the yard are behind us.

8. New Construction Activity Will Not Increase - I can go on for hours about this one, call me if you want to talk about it.

9. Employment and The Labor Markets Can Change Everything - Right now unemployment is low, keep an eye on these numbers.

10. Affordability will continue to be The Biggest Issue- Denver homes’ value increased well and above wages, and the higher interest rates on lending don’t help.