06/19/2022

What home prices will look like in 2023, according to Zillow’s revised downward forecast

Appreciation despite inflationary environment and fundamentals

There's no doubt about it: Soaring mortgage rates are an economic shock to the U.S. housing market. Over the past month alone, the average 30-year fixed mortgage rate has spiked from 3.11% to 5.11%. It's both pricing out some stretched homebuyers and causing some would-be borrowers to lose their mortgage eligibility.

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06/19/2022

What home prices will look like in 2023, according to Zillow’s revised downward forecast

Appreciation despite inflationary environment and fundamentals There's no doubt about it: Soaring mortgage rates are an economic shock to the U.S.…
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