Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

Anticipating a Possible Downtrend in Housing

Fitch Ratings says the likelihood of a severe downturn in US housing has increased; however, their rating case scenario provides for a more moderate pullback that includes a mid-single-digit decline in housing activity in 2023, and further pressure in 2024. Although Fitch Ratings recently affirmed the ratings and Stable Outlooks for the U.S. homebuilder portfolio, …

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