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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