PREDICTING the future of the Arizona Real Estate Market Update 2023

Who is good at predicting the Arizona real estate market? Nobody.
I have not seen an accurate prediction yet from anybody. Predicting mortgage rates this year has not been easy for many of the big agencies and lenders.
Predicting home prices from Zillow to Core Logic has also been hit-and-miss.
Predicting is skill set looking at data but then understanding that there are many moving parts in real estate and the mortgage market that can alter even the best forecast.
Most are just guessing.
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Rick McHone
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