Thursday, May 2, 2024 | The Latest Buzz for the Appraisal Industry

Despite Rising Rates, Researchers Find Housing Prices Continue to Climb

In all 100 markets surveyed by researchers at Florida Atlantic University (FAU) and Florida International University (FIU), buyers continue to pay higher premiums – that’s the difference between where home prices should be based on historical trends and where they are now.

When mortgage rates rise, home prices tend to level off or decline because fewer people can afford to buy. Experts are counting on that adage to help cool the nation’s torrid housing

This post was originally published on this site

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