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Brandon Cornett

Brandon Cornett is a veteran real estate market analyst, reporter, and creator of the Home Buying Institute. He has been covering the U.S. real estate market for more than 15 years. About the author
Falling prices concept

Buying a Home Might Be a Bad Idea in These Overvalued Markets

September 7, 2022September 7, 2022 Brandon Cornett

The U.S. real estate market continues to show signs of cooling. More and more sellers have been cutting their list prices. Some markets, like Austin and Boise, could be headed for a downturn. Many buyers are wondering if now is a bad time to buy a house. For the past two years, we’ve heard story […]

Real estate handshake

Analysis: Why Late 2022 and 2023 Could Be a Good Time to Buy a Home

September 2, 2022September 2, 2022 Brandon Cornett

Recent reports point to a more ‘buyer-friendly’ housing market. Inventory growth has cooled the market, giving buyers a breather. Home buyers now have more bargaining power, as well. Sellers appear more willing to accept contract contingencies these days. As a result, late 2022 and 2023 could be a good time to buy a house. For […]

Graph with arrow down

Will U.S. Home Prices Drop in 2023? (Hint: They Already Are)

August 20, 2022August 20, 2022 Brandon Cornett

Some analysts predict that U.S. home prices could drop in 2023. Recent reports have shown that some markets are already declining. House values rose at an unprecedented pace over the past 18 months. But the real estate market is cooling steadily in 2022, as buyers pull back. Will home prices in the U.S. drop in […]

Camelback Mountain in Phoenix

How Inventory Growth Could Transform the Phoenix Housing Market in 2023

August 15, 2022August 16, 2022 Brandon Cornett

Recent reports and predictions for the Phoenix, Arizona real estate market suggest that a significant cooling trend could be on the horizon. Inventory growth has no doubt influenced these predictions. The Phoenix-area housing market has experienced significant supply growth over the past year, a trend that could continue going forward. This, combined with a general […]

Buy now or wait

With Home Prices Slowing, Should You Wait Until 2023 to Buy?

August 2, 2022August 24, 2022 Brandon Cornett

The real estate market is cooling, slowing and decelerating. Those are just a few of the verbs that have been used to describe the U.S. housing market in recent weeks. And for the most part, it’s true. A slew of reports published over the past couple of months have shown signs of a cooling trend. […]

Price reduced sign

The Housing Market Could Be a Lot Cooler in 2023, And Here’s Why

July 17, 2022July 29, 2022 Brandon Cornett

The housing market is cooling down. You’ve probably heard this phrase a time or two over the past few weeks. It seems to be the “hot new story” lately, when it comes to real estate reporting. And it’s true. Numerous reports in recent weeks have shown that the U.S. housing market is clearly slowing down. […]

Aerial photo of Las Vegas

Cooldown: 5 Hot Markets Where Home Sellers Are Slashing Their Prices

July 7, 2022July 7, 2022 Brandon Cornett

Real estate pop quiz: What do Austin, Las Vegas, Phoenix, Portland (Oregon), and Sacramento all have in common? If you said that they’re all hot housing markets, you’d be right! But they have something else in common as well. In all five of these metro areas, home sellers are starting to reduce their asking prices. […]

Phoenix skyline at night

Major Inventory Growth in Austin, Phoenix and Raleigh Housing Markets

July 2, 2022July 7, 2022 Brandon Cornett

Austin, Phoenix and Raleigh housing markets have gained inventory. Among major metros, they led the nation for inventory growth. Active listings in the Austin area grew by 144% over the past year. These real estate markets are also seeing more price reductions. It’s evidence that these hot housing scenes are cooling in 2022. Inventory shortage. […]

House for sale concept

Could We See a New Kind of Buyer’s Real Estate Market in 2023?

June 25, 2022June 25, 2022 Brandon Cornett

We could see a new kind of buyer’s market in 2023. There are signs that the real estate market is cooling. Home sales have declined, while price reductions have increased. Next year, buyers will likely have more negotiating leverage. For the past two years or so, we’ve heard countless stories about the strong seller’s market […]

For sale sign in yard

Updated Housing Market Forecast Predicts More Homes and a Slower Pace

June 14, 2022June 14, 2022 Brandon Cornett

A new forecast for the U.S. housing market in 2022 predicted a general slowdown in the months ahead, as more homes come onto the market. This prediction was issued by researchers from Realtor.com and offers some positive news for frustrated home buyers. A Positive Forecast for the U.S. Housing Market The U.S. real estate market […]

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