Houston real estate experts offer their predictions for 2023

by Timothy Inklebarger

In a market like we’ve seen over the last year, who would dare predict what lies ahead in 2023? While most of us ride the economic wave with all of its twists and turns, it’s the industry professionals in leadership positions who have to anticipate what’s next, when that change will take place and how best to adapt and thrive.

That’s why we’ve drawn from the expertise of some of the top minds in the market to hear how they’re preparing for the next 12 months. The big question on everyone’s mind is whether the wild fluctuations in interest rates will begin to even out, but what else is keeping these executives up at night?

In our annual questionnaire, we hear from managing brokers, mortgage lenders, developers and more to get their prognostications on everything from what’s hot in the market to how prices, inventory and myriad other factors shape their vision of the future.

Our expert panel includes:

Art Aguilar, Branch Production Manager, Revolution Mortgage
Dave Barnhart, Division President – Homebuilding Division, First America Homes
Brad Chelton, President – Texas, Brookfield Residential
Paige Bowman, Team Leader, The Mortgage Collective – Fairway Independent Mortgage Corporation
Jeremy Collett, Executive Director of Capital Markets, Guaranteed Rate
Jeff Dewese and Mike Miller, Senior Vice Presidents – Land Division, Signorelli Company
Tim Drone, President, J. Patrick Homes
Alyson Griffin, Branch Manager, CrossCountry Mortgage
Tim Johnson, Director of Sales and Marketing, Land Tejas
Jared Turner, Founding Partner – Realtor, Turner Magnum Real Estate
Julia Wang, CEO and Broker, NextGen Real Estate

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