Black Knight Mortgage Monitor: Home Prices Increased Month-to-month to New Record High in June
"Pretty safe bet" that now is the "worst affordable market"
Note: Although not in Mortgage Monitor, Black Knight told me: “We haven’t yet calculated payment-to-income ratios given yesterday’s news of rates north of 7%, but it’s a pretty safe bet it’s pushed us past last October/November’s “worst affordable market” marker”
Press Release: Black Knight: Home Prices Hit New Record Highs in 60% of Major Markets as Ann…