Spring Season Brings Spry Sellers
New listings are up 21% annually, evidence of rate lock weakening.
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.
'Buyers are asking sellers for things that were unheard of during the past few years.'
Index increased 0.6 points in November after hitting all-time low in October.
Redfin says pandemic boomtowns, especially on the West Coast, saw significant increases in delistings.
No tricks, just treats: Zillow says that since homes are staying on the market longer, sellers need to appease to potential buyers.
Homebuyers anticipate price declines while potential home-sellers won't give up their lower mortgage rates.
Is the housing market settling back to normal?