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.
Despite challenges, experts anticipate a potential decline in final sale prices as price growth slows.
NAR reports mixed trends as housing market recovery faces mortgage rate challenges.
August records a 4% month-over-month increase, but total inventory remains critically low.
Redfin: As supply falls to new low, demand picks up.
But tide for buyers could be turning as homes take longer to sell.
Despite lack of supply, Potential Home Sales Model improves, First American says.
Says May's 1.4M homes for sale was the lowest ever in its records.