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Most Homeowners ‘Well Positioned’ for Recession

“More than a decade of home price increases has given homeowners record amounts of equity, which protects them from foreclosure should they fall behind on their mortgage payments,” said Molly Boesel, Principal Economist at CoreLogic.

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High Housing Costs Drove Relocation in 2022

As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.

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