Saturday, 21 May 2022 | The Latest Buzz for the Appraisal Industry

Price Bubbles, Rising Prices Concern Consumers and Sellers

More than 77% of homebuyers and sellers believe there’s a housing price bubble in the area where they live, according to a survey in a new report from Redfin. Historically rapid home-price growth has made homebuyers and sellers worried, although Redfin experts say rising mortgage rates and buyers who can afford their homes are preventing a bubble.  A housing bubble is characterized by rapid, unsustainable growth …

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