When a list of predictions includes that the US housing market will not experience a "wave of foreclosures" one can assume the forecast for 2023 is not filled with optimism.
That point was among a string of predictions Redfin made for next year, according to a release this week. Among its others:
"Mortgage rates will take center stage in 2023, with high rates likely to make it the slowest housing-market year since 2011," the real estate brokerage said.
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