Skyrocketing interest rates through most of 2022 put some much-needed pressure on the housing market after home prices hit record highs across the nation. However, since December, mortgage rates have been on a steady decline through the beginning of February. Even so, many economists remain mixed about whether home prices will continue to decelerate throughout 2023—or even drop at all.

There is increasing speculation about the macro markets going on-- it's a topic that I find deeply interesting. There are a lot of great places to learn about what the effects the global economy, tech stocks and inflation are having on the housing market.