Remove Austin Remove Banking Remove Forecasting Remove Phoenix
article thumbnail

These Metros Will Be the First to See Prices Fall in a Market Correction

Pro Builder

Goldman Sachs recently lowered its 2023 year-over-year depreciation forecast from -4.1% In 2023, Goldman Sachs expects double-digit home price declines in major markets like Austin (-15.6), San Francisco (-13.7%), San Diego (-13.4%), Phoenix (-12.9%), Denver (-11.4%), Seattle (-11.2%), Tampa (-11.2%), and Las Vegas (-11.1%).

Metro 52
article thumbnail

IHP Capital Partners' Richard Whiteley Discusses Land Opportunity for Home Builders

Pro Builder

IHP Capital Partners, for example, secured strategic land and lot holdings in the Austin, [Texas], Phoenix, Reno, [Nev.], 2022 Housing Forecast: Opportunities and Challenges. In Austin, where IHP is working on an urban infill development project, demand for new homes is only increasing. Apartment Trends Taking Over 2022.