People are already stating that the US Housing Market has "bottomed out" and we should be seeing price/value gains. Information from ReFin suggests that certain Metro Markets have recently seen an uptick in viewing activity, along with some isolated bidding wars. Clearly each local market will experience different phenomenon when compared to others and small uptick in various stats that are tough to quantify does not make for an overly improved Housing Market.

We will continue to see the on going debate during 2023 with respect to where the Housing Market is headed. It is clear that there are definite lines that have been drawn in the sand regarding who believes the Housing Market will remain steady or improve, versus those that believe we are now experiencing a Housing Correction and potential Housing Crash. What do you think will happen this year?

 As we enter into 2023, we are fully aware that the Housing Market is experiencing a correction. Queue the Foreclosures, that should push the Housing Market into Crash territory. The volume and impact of the next Foreclosure waves have been downplayed by the Media and other Real Estate and Mortgage related players as they continue to control the Housing Narrative and manipulate the Housing Market. How do you think it will all play out? Will the backlog and volume of Foreclosures have a significant impact on our Market?