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Rising mortgage rates, high inflation, low existing inventory, and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in Q2 of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), just 42.8% of new and existing homes sold between the beginning of …
The post California Leads in Least Affordable Housing Markets appeared first on DSNews.
When was the last time you, the appraiser, thought about what placing a comparable sale on the 1004 form’s sales grid really communicates to your
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