NAR Survey Shows Sellers Pulling Back from Housing Market
Over half of agents surveyed reporting they had at least one seller decide to delay the home-selling process by “a couple of months.”
Over half of agents surveyed reporting they had at least one seller decide to delay the home-selling process by “a couple of months.”
Even if housing markets across the country are slowing to a crawl, many Realtors across the country are holding out hope for a post-pandemic rebound.
The national housing market is approaching stability as inventory slowly rises, according to Zillow’s newly released July Market Report.
The American housing market is definitely changing. Maybe not everywhere, at least not yet. But in most places, sellers are slowly losing their dominance and buyers are taking control.
As the stock market sputtered, the local real estate market slowed dramatically. Now that the Federal Reserve has backed off plans to increase interest rates in 2019, real estate here and around the country has taken off again.
Have we arrived at one of those rare Goldilocks moments in real estate, where the market works well for both sellers and buyers, strongly favoring neither?