So far, the market has been on an upward trajectory, with home values increasing and a steadily rising demand for housing. If interest rates were to rise in 2023, it could cause some people to reconsider plans to enter the housing market, which would decrease demand for homes. Realtor.com has recently published its housing market predictions for 2020. housing market predictions might be. Cities like Miami and Orlando can be great for vacation homes, while Tampa and Jacksonville are better cities for living and raising a family. This means that you can buy a property and list it on sites such as Airbnb to generate an additional source of income. This influx of new residents has greatly impacted home prices across the state, making them climb steadily over the years. Housing Market Predictions 2023: A Post-Pandemic Sales Slump Will Push Home Prices Down For the First Time in a Decade . Its no secret that the Florida housing market is one of the hottest in the nation. This increases demand and prices. The whole market right now is sort of waiting for the signal that inflation is subsiding and we just havent seen that yet.". List price and sale price are two different things - and thats due in part to your initial offer on a home. There are also tons of tax exemptions and deductions that can help make investing in a rental property more affordable for you. //-->