CoreLogic Chief Economist Selma Hepp: Housing Data Pinpoints Price, Inventory Trends
In a Nutshell: The COVID-19 economic downturn added fresh impetus to the long-standing price appreciation trend in single-family housing. Mortgage rates plummeted, and new demand entered the market. But as the economy overheated in 2022 and the Federal Reserve responded, many markets saw mortgage rates surge and price growth slow. As Chief Economist at CoreLogic, Selma Hepp looks at tax, property, and geospatial data to understand the variables that promote a healthy housing market.... read more »