ilmscore | Prediction Details
"purchase applications are also down 36 percent from a year earlier, signaling that buyers are waiting for conditions to improve which could likely take another 6 to 24 months"
By Graham Stephan | January 4, 2023 | Pending
From video
Don’t Buy A Home In 2023 (The Worst Drop On Record) 00:08:47 - 00:08:56
Interpreted Prediction
A 36% year-over-year drop in purchase applications indicates buyers are waiting for market improvements, potentially for the next 6-24 months.

Prediction Details

Topic
Housing Market Conditions

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