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  • Posted On: 2018-04-23
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How to buy a house in 2023

2023 may go down in real estate history as the year of correction. After two years of a pandemic-fueled, seller-benefitting boom — with bidding wars, inventory shortages and spiraling prices all over the country — the housing market began to cool down in 2022. The impact of inflation in general and fast-rising interest rates in particular dampened buyers’ interest, causing sales to slow and price appreciation to decelerate.