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2329 search results for: appraisals are challenging in an appreciating market
- Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
- Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were 'unicorn' years.
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.
Homeownership is a major part of the American Dream.
Want to know what experts say will happen in the rest of 2023?
Have you seen headlines talking about the increase in foreclosures in today’s housing market?
Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
Media coverage about what’s happening with home prices can be confusing.
If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today.