2023 Real Estate Update: What Every Designer Needs to Know
Real estate and interior design are intimately connected. When mortgage rates went up,
sales slowed down, and we heard the first rumblings that the two-year design binge during
the pandemic might be coming to an end. So what happens now? Three real estate
professionals—Leonard Steinberg of Compass, Amanda Pendleton of Zillow, and global
luxury expert Mickey Alam Khan—weigh in on what they see ahead for sales and rentals,
why they feel buyers and sellers are ready to accept a “new normal,” why there’s no easy
solution to housing’s affordability crisis, and the many reasons the interior design industry
has to be optimistic about what’s ahead.
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