Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Affordability Reaches Lowest Level in 13 Years, Shows First American RHPI

First American Financial Corp. has released the October 2021 First American Real House Price Index (RHPI) results, which measures the price changes of single-family properties throughout the U.S., adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.

“Affordability sank to its lowest level since

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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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