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

Depleted Home Inventory Locking Many Out

Black Knight’s latest Home Price Index has found home prices up 11.6% in February, hitting their highest annual rate in more than 15 years. Also rising at an equally-paced clip, median single-family sales prices rose 15.9% year-over-year in February. The rise in home prices, along with the uptick in mortgage rates, has driven affordability to …

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