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 meet singles overseas 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

Licensed real estate broker with over 20 years of experience in the industry, beginning his career in 2000 as a real estate agent and earning a broker's license in 2010. Known for a strong passion for helping people find their dream homes and negotiating the best deals. Specializing in residential real estate with extensive knowledge of the local market and trends. In 2015, a move to Houston with his family led to the opening of Bruno Fine Properties Inc in 2018—a real estate brokerage serving Spring and surrounding communities. A proud father of five beautiful girls and happily married to Malika Bruno since 2003. Outside of real estate, time is often spent with family, working out, and reading. He's always eager to meet new clients and share valuable market knowledge.

Remarkable service for remarkable you!

testimonials

You were accessible. I could call on you anytime and, if you were not available at that moment, you returned each call and email as soon as you were available. You were never rude to me or made me feel I was intruding. Not even when I'd call you on a Saturday or Sunday afternoon after I found a property that looked interesting and wanted more information on it.

Karen Beasley

The presentation was basic enough that a novice could grasp the content, which is what I needed since I’m just getting started. I know the one on one personalized counseling isn’t probably part of your normal routine, but I found that part most helpful. Hearing advice and strategies from you and the loan officer helped me understand where I need to be. I have ready told my family and friends about the workshop! I think it is such a great value. Knowledge is power. In order to move smart, you have to know what’s going on. So, thanks again!

Nakischa Davis

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

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

If it wasn't for Marcus Bruno, my real estate agent, I would not have found this house. Marcus has been working with me for over a year trying to find the right house. Marcus never at any time complained or hurried me in any way. The man is patient and understands that the house has to click in order for the client to be happy. Came close to quitting but Marcus helped me through the rough times. Thank you Marcus.