Prices Climb In Q1 As Demand For Budget-Friendly Homes Heats Up
Home sale prices went up last quarter due to high competition in budget-friendly markets. The National Association of Realtors’ latest quarterly report found that single-family existing-home sales prices increased in 152 of 221 metros — about 70% — in Q1 2023. The monthly mortgage payment on a typical existing single-family home with a 20% down…