Boston 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 a myriad other factors shape their vision of the future.

Our expert panel includes:

Colleen Barry, CEO, Gibson Sotheby’s International Realty
Pauline Bennett, President, Coldwell Banker Realty – New England
Jeremy Collett, Executive Director of Capital Markets, Guaranteed Rate
Jim D’Amico, President and CEO, Century 21 North East
Marc Decker, Regional Vice President, Compass
Sue Hawkes, managing director, The Collaborative Companies
Anthony Lamacchia, Broker/Owner and CEO, the Lamacchia Companies
Lisa Rainis, Executive Manager of Sales, Douglas Elliman
Chris Raveis, President of Residential Sales, William Raveis Real Estate & Affiliates
Nick Warren, Founder and CEO, Berkshire Hathaway HomeServices Warren Residential

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