Tag Archives: home price trends

According to the National Association of Realtors, the average price of a home rose to $378,700 in the fourth quarter of 2022.

As Fannie Mae predicted in the second quarter of 2022, home price growth decelerated sharply during the third quarter, which fell in-line with a sharp rise in mortgage rates, further proving that the current rate and home price environment is weighing on affordability.

Home prices have skyrocketed in 2020 because of high demand and low inventory. However, wildfires and floods have posed a risk to many areas of the United States. These natural disasters are likely to affect home prices in 2021 and ...