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20 young real-estate leaders forecast what'll happen in 2023, from home prices finally dipping to the rise of the South

<p class="ingestion featured-caption">Odeta Kushi, left, Raja Ghawi, center, and Maya Abood, right, three rising stars in the real-estate industry who are under 35 years old.Odeta Kushi, Raja Ghawi, and Maya Abood</p><ul class="summary-list"><li>Insider's <a href="https://www.businessinsider.com/rising-stars-of-real-estate-residential-commercial-proptech-industrial-leaders-2022-11">rising stars of real estate</a> span roles in leasing, affordable housing, and urban planning.</li><li>We asked 20 of these young industry experts and innovators to offer predictions for 2023.</li></ul><p>Real estate is an ever-changing industry where there is as much variety in jobs as there is in location.</p><p>2022 wreaked havoc on the housing market: <a href="https://www.businessinsider.com/how-to-buy-home-apply-for-mortgage-high-interest-rates-2022-10">Mortgage rates rose at a fast clip</a>, bidding wars <a href="https://www.businessinsider.com/who-has-power-housing-market-bidding-wars-sellers-buyers-prices-2022-10">cooled</a>, the <a href="https://www.businessinsider.com/airbnb-and-vrbo-owners-better-brace-for-2023-2022-12">Airbnb market</a> shifted, and some high-flying proptech darlings crashed back down to earth. </p><p>Insider picked <a href="https://www.businessinsider.com/rising-stars-of-real-estate-residential-commercial-proptech-industrial-leaders-2022-11">30 rising stars of commercial and residential real estate</a> who're transforming the way homes are sold and offices get built. As factors like technology, an uncertain economic environment, a looming recession, and the tug-of-war between where we live and where we work continue to influence the housing market, we asked our rising stars for their 2023 predictions. </p><p>Of course, it's impossible for any one person to see the future, but these ambitious young leaders described how technology could play a bigger role in buying and selling homes, the effects that high inflation and mortgage rates could have, and a need for more multifamily construction in major markets.</p><p>Here are the predictions for 2023 from our rising stars:</p><strong><a href="https://www.businessinsider.com/rising-stars-of-real-estate-residential-commercial-proptech-industrial-leaders-2022-11" rel>Read our full list of rising stars of real estate here</a>.</strong>
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