Should you buy a home in 2023? Here are 33 years of data illustrate that homeownership is a winning proposition

If I told you about an investment that, over the past 50 years, has averaged nearly 7% (6.8%) gains year over year, you would say what?

Yet, so many people I talk with right now are feeling confused about where the real estate market is headed in 2023 given the grim news they heard over the last half of 2022. It seemed that the news media on TV and online sewed seeds of confusion and uncertainty about the voracity and viability of investing in real estate into the hearts of homeowners and prospective homebuyers.

But let's take a step back from scrolling our devices and look at the actual data over the last 10, 30, even 50 years of actual data. I think you'll find--with clarity and certainty, that investing in real estate has historically been a winning proposition.