Home Prices up 6.9%

Corelogic Home Price Index released their Home Price Index for December. Down .4% but up 6.9% from this time last year. January forecast decline .2% but expect a 3% increase in the next year.

I had a conversation with a client that wanted to wait until the market dropped. I don’t see any indication that will happen anytime soon.

Inventory is one of the driving forces or lack there of.

have a great rest of the week, we are half way through…


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