Senior data journalist Mark Worley co-authored a new Redfin report showing that roughly 6 percent of U.S. homesellers are at risk of selling at a loss. The analysis hit close to home — he and his wife just did exactly that, selling their St. Louis home for less than they paid.
Source: Inman News
Here’s what a Redfin data journalist learned from taking a $25K bath on the sale of his house
Published in Agent, Analysis, australia, Brokerage, COVID-era market, Data, Escalation clauses, homebuying, inflation, inman, Inman Connect San Diego, Inspection Waivers, Inventory Realignment, Investing, investment, Lifestyle, Mark Worley, market realignment, Markets & Economy, midwest, mortgage rates, overpriced listing, pandemic-era market, portals, real estate market, Redfin, rental property, Rentals, seattle, Select, selling a home, selling at a loss, slow market, St. Louis, St. Louis housing market and upside down
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