Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

August 4, 2023

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Some Highlights

Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down. Feel free to connect with me.

Your friend in the business,

– Marcus Bruno
Real Estate Broker
Bruno Fine Properties
(281) 969-3817

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About the Broker/Owner

Marcus Bruno

I am a licensed real estate broker with over 20 years of experience in the industry. I started my career in 2000 as a real estate agent, and in 2010 I became a broker. I have a passion for helping people find their dream homes and negotiate the best deals. I specialize in residential real estate, and I have extensive knowledge of the local market and trends. In 2015, I moved to Houston with my family and in 2018 opened Bruno Fine Properties Inc, a real estate brokerage that serves the Spring area and surrounding communities. I am a proud father of five beautiful girls, and I have been happily married to my wife Malika Bruno since 2003. When I am not working, I enjoy spending time with my family, playing golf, and reading. I am always eager to meet new clients and look forward to sharing my knowledge.

Remarkable service for remarkable you!

testimonials

Marcus is a fast worker and reliable. I loved the electronic document service you used; it was super convenient for me considering I was in school and always on the go and unable to make it a office. And Marcus was always there to calm me down when things were getting complicated and frustrating, things expected in the real estate business.

Celia Lewis

I purchased my 2nd home in 2011 with the help from Marcus. I had just went through a divorce and was ready to move on. Marcus held a home buying seminar and that's where I met him. We talked about what I wanted and what I needed to purchase a home. He was patient, knowledgeable of how the realtor marketing worked. We started the process and within 4 months I went to settlement. I set a goal of how much I wanted to spend and the size of house I wanted and he delivered. He kept in touch with me everyday with house listing, emails and phone conversation and he was "HONEST". The one thing you need to feel when spending your money. I have recommended him to people and I still recommend him today. He enjoys his work and making people happy. Thank you Marcus, Ms. Richardson

Paulette Richardson

I would like to recommend our real estate agent Marcus Bruno. Here is the review I gave him on the sale of our home.

5 stars

Marcus listened to our needs and ideas and worked as a team with us which led to a very profitable sale with minimal issues. It was a very smooth transaction. He was very pleasant to deal with and minimized stress for us in the whole process. He was also very proactive and organized in planning everything which lead to 26 showings and more than 20 people at an open house all within 2 days. We had over 9 offers from that 2 days. So we didn't have to leave the house on the market for longer than 2 days and disrupt our lives with nuisance showings. He was very savvy with negotiating, picking the best buyer, and using leverage to give us the best deal.

Nicole & Justin Adcock

The first thing I appreciate about the help you provided is your patience. It took a loooong time to find the house, and. through it all, you were very patient and would even challenge me to take a more thorough evaluation of my decisions rather than rush me into a house to close a deal.

I also appreciate your knowledge of the market. I was given an explanation of all of our options and the latest on new programs immediately in order to take advantage of them.

Musa Kposowa

Let me just say, my fiance and I absolutely adore Marcus and would recommend him to anyone trying to buy or sell a home. We were so impressed with him, we were already recommending him to our friends and family before we even closed on our own home. We originally had another real estate agent and had to relieve him after being passed up for 5 different homes because of the lack of timeliness and professionalism that was displayed. We were very frustrated to say the least, so we did an agent search and were paired up with Marcus by chance and we were so blessed we found him. Marcus is extremely professional and patient with his customers and is willing to go the extra mile. Marcus's knowledge of the process way surpassed anyone we had ever dealt with before. He was always available right when we needed him and checked in frequently with us to see us through the whole process. He was able to negotiate with the home owner and bring down the price significantly. I do not have anything negative to say about Marcus and will highly recommend him to everyone I know. We have definitely had a wonderful experience and will deal with him in any of our future endeavors.