CoreLogic’s CoreLogic Home Price Index (HPI) and HPI Forecast for April 2022 show that home prices posted another record-high year-over-year increase in April nationwide, marking the 123rd straight month of gains. Rising mortgage rates drove buyer urgency and the resulting price growth, with about 70% of U.S. homes selling for more than asking price this spring. However, higher mortgage rates will likely also put the brakes on buyer demand in the coming months, causing
When Business Goes from a Deluge to a Trickle
If you have seen LinkedIn or read appraisal-related blogs lately, you know the appraisal workforce is experiencing a wave of layoffs as mortgage lending activity
John Russell
February 6, 2023
