Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about home appreciation. Today’s article “Home price growth slows but remains robust” highlights the cooling home prices we are seeing. We are about to get loan limits for next year which show an increase in home prices of 5.9%. And, what we are seeing today is normal. Home prices typically increases between 4.5-6% each year. What is not normal is home prices decreasing. Don’t worry, we won’t see a decrease in home prices because there is still a lack in inventory. Listen in as we discuss this and more!
Listen in to learn about this and more!
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