Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

Affordability Obstacles Hinder Home Shoppers

Home prices reached a 15-year high in February, as demand continues to clash with historically low supply, creating increased affordability challenges, as mortgage rates begin to rise. The CoreLogic Home Price Index (HPI) and HPI Forecast for February 2021 found that home prices increased 10.4% nationally, compared to February 2020. On a month-over-month basis, home …

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