Tuesday, 16 August 2022 | The Latest Buzz for the Appraisal Industry

Sellers Drop Prices Amid Rising Affordability Issues

Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in light of the rapid rate increase by the Federal Reserve in June.  This is amid new data from Redfin that showed a record amount of existing sellers …

The post Sellers Drop Prices Amid Rising Affordability Issues appeared first on DSNews.

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