The Appraisal Blog

Historic rise in interest rates to a 20 year high, "overvalued" home prices in 210 markets, and a 70% increase in mortgage payments is not good.  And it seems like the worst is yet to come.

 

https://fortune.com/2022/10/13/housing-market-historic-deterioration-told-by-three-charts/

Posted in:Market and tagged: #HomeValues#Downturn
Posted by Robert Abbott on November 7th, 2022 7:50 AMLeave a Comment

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