Sunday, May 5, 2024 | The Latest Buzz for the Appraisal Industry

Rising Prices, Rates, Finally Affecting the Market?

It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did in February.  According to Redfin, an online real estate brokerage, 65 percent of homes received a competing bid during the selling process in March 2022, down 1.7 …

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