Monday, 15 August 2022 | The Latest Buzz for the Appraisal Industry

Could Housing Market Be ‘Too Hot’?

Even in the face of a pandemic, elevated unemployment, and a general nationwide recession, home prices have surged, researchers recently reported.  “Prices are defying logic, expectations, and even belief, as they shoot up to record highs amid an unprecedented health and economic crisis,” reports, which goes on to weigh the questions: “Are some markets getting too hot? Could a significant correction …

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