Experts have been saying this every year for the past decade. It pays to just ignore these predictions, imho. Had you heeded these warnings 5 years ago , home prices have have up so much that even if prices do fall, you will likely still not be able to buy at the price you had originally planed to buy. Waiting too long means having to buy at a much higher price , even if there is another correction.
People don’t care about prices, they care about payments and low interest rates kept payments low and pushed prices higher.
The Fed was sucking up MBS and keeping mortgage rates artificially low for far too long. That is over and a typically 30 mortgage is now close to 7% with home affordability being at record lows.
Unless the Fed drastically changes course and rates lower, prices will absolutely come down.
