The Appraisal Blog

Falling Home Prices
October 24th, 2022 9:22 AM
I've been seeing the writing on the wall for months ... increased DOM, increased inventory, reduction in list prices, etc.  But as of yet I have not seen an actual decline in values.  I've seen individual sales lower than previous sales ... but one data point does not make the market.  It happens even in rising markets.  Corelogic is now predicting "very high" odds for price drops for most of the nation.


https://fortune.com/2022/10/10/housing-market-updated-odds-of-falling-home-prices-interactive-map/

Posted in:Market and tagged: #Appraisal#HomeValues
Posted by Robert Abbott on October 24th, 2022 9:22 AMPost a Comment

Subscribe to this blog

Recent Posts:

Archives:

Categories:

Appraisal (12)
Appraisal, Lending (3)
Architecture (1)
Bias (10)
Development (15)
Education (3)
FNMA (2)
FSBO (1)
Home Buying (4)
Houses (6)
Investing (1)
Laws & Regs (2)
Lending (5)
Market (6)
Mortgage (1)
Technology (3)
Transit (2)
VA (4)
Value (1)

My Favorite Blogs:

Sites That Link to This Blog: