Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Despite Prices Increasing 27 Percent, Homes More Affordable Than 2006 Peak

First American Financial Corp. has released the January 2022 First American Real House Price Index (RHPI). The Real House Price Index (RHPI) increased by nearly 27%, the fastest growth in the RHPI since 2004, says Mark Fleming, chief economist at First American. There was a 21.7% annual increase in nominal house prices and a 0.7 percentage point increase in the 30-year, fixed mortgage rate compared the same timeframe a one year ago. Household income

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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