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Realtors predict homebuyers will leave behind frantic market in 2023

Realtors across the country foresee an increasingly buyer-friendly housing market in 2023, a major shift from the frenetic and expensive pandemic-era housing boom.

Driving the news: The housing market has slowed — thanks to mortgage rates hovering around 6%.

  • Axios polled more than 75 experts across Axios Local cities to find out what's in store for 2023 and found that sellers everywhere will have to put in more work to close the deal as buyers aren't willing to overbid on less-than-perfect homes.
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