Record Share Of Sellers Give Concessions To Buyers
'Buyers are asking sellers for things that were unheard of during the past few years.'
'Buyers are asking sellers for things that were unheard of during the past few years.'
CoreLogic expects annual price changes to move into negative territory by the spring of 2023.
Study says declining number of active listings nationwide puts homeownership out of reach for American with median income.
Next year's forecasted drop in home sales is smaller in comparison to this year's hit.
Consumers also more optimistic that household income will grow.
Home price gains slowed in September 2022, according to the S&P CoreLogic Case-Shiller Indices.
The market may not stay calm for very long, though.
Elevated interest rates paired with housing market seasonality has driven declines in new inventory and listings.