Tuesday, May 14, 2024 | The Latest Buzz for the Appraisal Industry

Reduced Competition, Declining Home Prices Help Calm Market

According to a new report from Redfin, the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10. Sellers’ asking prices also came down 3% from their May peak as the share of homes with price drops hit another new high. Meanwhile, housing supply …

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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