affordability

What higher home prices mean for buyers this spring

     
What higher home prices mean for buyers this spring

Home prices are still on the rise and don’t show any signs of slowing down anytime soon. But hopeful borrowers shouldn’t throw in the towel just yet.

The S&P CoreLogic Case-Shiller national home price index shows that the price of homes increased 6.2 percent annually in January, down slightly from 6.3 percent in December.

The reason why remains the same: A low inventory of homes is driving up the price tag.

Continue reading What higher home prices mean for buyers this spring at Movement Mortgage Blog.

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