Monday, October 2, 2023 | The Latest Buzz for the Appraisal Industry

Slowing Housing Market Expected Soon

According to a new report from Fannie Mae’s Economic and Strategic Group (ESR), a combination of rising interest rates and elevated inflation will continue to weigh on the housing market and are now predicting a 1.2% full-year market growth.  The ESR is still predicting a modest “economic contraction” beginning in late 2023 due to the …

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