The housing market is expected to slow down in 2023, with some areas experiencing a decline in property value.
If you want your home to gain value, it's important to avoid buying in areas that are expected to decline.
The top 10 places to avoid buying a home in 2023 include cities like San Francisco, New York, and Los Angeles.
These cities are expected to experience a decline in property value due to factors like high cost of living, overbuilding, and lack of job growth.
Other cities to avoid include Miami, Chicago, and Houston.
On the other hand, cities like Austin, Nashville, and Raleigh are expected to see an increase in property value in 2023.
It's important to do your research and consult with a real estate agent before making any decisions about buying a home.