Home Value Forecast Predicts Slowdown in Growth
Appraisal Buzz
APRIL 22, 2022
Rapidly rising mortgage rates are worsening affordability challenges that have been brought on by record home value growth. According to the March Zillow Real Estate Market Report, monthly mortgage payments on the typical U.S. home are 19.5% higher than they were three months ago, and 38% higher than a year ago.
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