Quote: May 5, 2023

“Home equity has fallen modestly amid a larger slump in profits homeowners are getting when they sell. It’s still too early to call this a long-term trend, and there are reasons to hope for a market turnaround this year. For now, though, various measures suggest that the best of the boom may be behind us.”
–Rob Barber, chief executive officer with ATTOM, Irvine, Calif.