High interest rates and low housing supply stall homeowners, according to a new TD Bank survey
Tagged: Home Selling
Redfin survey finds 22% of consumers are motivated to move, versus 21% who are less motivated post-election
Negotiation around fees becomes more common in high-demand, low inventory markets
ATTOM reported home sellers earned a 55.8% profit margin during Q2 2024 on typical single-family home and condo sales — a largely unchanged figure.
Zillow reports 80% of recent sellers were influenced by life events, not rates or financial conditions.
Realtor.com's survey shows fewer prospective sellers feel locked in by their low interest rate.
Redfin economists predict home price growth to soften over the spring.
New listings are up 21% annually, evidence of rate lock weakening.
The move was applauded by the Community Home Lenders of America.
Profits on typical sales increase between 45% and 51% nationwide.