Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.”If you are considering selling your current
What’s Going On With Home Prices?
“The rise in mortgage rates this summer to their highest level in seven years has made it more difficult for potential buyers to afford a home. The slackening in demand is reflected in the slowing of national appreciation, as illustrated in the CoreLogic Home Price Index.
National appreciation in August was the slowest in nearly two years, and we expect appreciation to slow further in the coming year.”
Curtis is a Best Selling Author, the Founder and CEO of The Curtis Johnson Team Powered By eXp Realty, where he runs a dynamic Real Estate Team having sold over almost 5,000 residential homes. The Wal....
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In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.comreported that:New listings jumped 8% year-over-year nationally, the largest increase since