https://twitter.com/PuffDragon11/status/1448014888568115200
Valuations are coming down. The forward P/E has already compressed by three points (from 23x to 20x), and more is likely on the way. pic.twitter.com/V6iYeOBPv0
— Jurrien Timmer (@TimmerFidelity) October 12, 2021
Home Sales are Falling Apart As Appraisals Are Under the Agreed Price
20% of home sales are above the appraised value. Deals are falling though.