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Here is a round up the various 2023 housing market predictions, plus what real estate agents think of the forecasts.

Today’s RealTrending features eXp Holding Founder Glenn Sanford on how his brokerage is managing the downturn and the new wellness initiatives he recently rolled out through is SUCCESS magazine platform.

Higher mortgage rates have dramatically affected affordability for many prospective homebuyers — especially first-time buyers.

Changing the way we look at ourselves can be the key to finding the superpower we bring to the table, to brokerages, to clients and to the real estate industry as a whole, says former monk Jay Shetty.

The AAPI community has continued to boom and become an integral part of the U.S. population. Not only is the AAPI demographic growing in numbers — now 21 million and expected to reach 46 million by 2055 — but it is also growing financially as well.

The Real Brokerage said the acquisition “broadens Real’s product portfolio to include mortgage brokerage services and is a critical step in the company’s mission to offer a seamless end-to-end home buying experience.”

A recent paper from the Federal Reserve Bank of Kansas City suggests a coming boom in new housing construction. Stemming in part from the shift to hybrid workforces, builders nationwide may start investing in suburban areas that were once considered too distant from city offices for commuters.

Broker Public Portal appointed two new board members: Redwith’s CEO Michael Barbaro and Coldwell Banker Real Properties Group’s MP RJ Long.

Zillow Group acquired VRX Media to to expand its suite of listing services and offer them through ShowingTime+’s software suite.

In 2021, Austin. Texas had one of the hottest housing markets in the country, but as demand has waned, things have cooled off drastically.