There’s no doubt that because of the lack of housing inventory nationwide, housing prices have been on a tear higher. In fact, according to CoreLogic, the annual home appreciation rate in the United States for 2019 was 5.5%, and the appreciation rate just in July of 2020 was 1.2%.
It’s hard to fathom how fast you can build wealth and equity in a market like this!
We’d love to hear from you!
Equal Housing Lender
Fairway Independent Mortgage Corporation
NMLS Entity ID # 2289
Copyright© 2020 Fairway Independent Mortgage Corporation
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