Real Estate Market Predictions for 2023-2024
It seems like everyone has a prediction these days, so I figured I would throw mine in the ring with yours and we can openly debate the future of the real estate market - of which no one actually knows. Attempting to predict the future is a fairly useless, yet entertaining, endeavor unless you also create a contingency plan for each potential outcome.
So here’s my unsolicited thoughts about where things are headed in the real estate market, how I’m playing it, and why. My general philosophy is to hope for the best, plan for the worst. Planning for the worst has served me well as a business owner over the last few years.
Now, my predictions are mainly geared for Northeast Florida but they likely can also apply to many markets that have skyrocketed over the last 24 months.
Note: For those of you who like to debate, correct, I’m not supplying all the data, so let’s just say this is an anecdotal prediction, one simply based on personal opinion. It’ll be fun to look back on this two years from now to see what I was thinking and why.
Click here for my predictions: