“Buyers are backing off due to rising housing costs and sellers are holding back because they realize they won’t get the bidding war they would have gotten six months ago,” said Redfin Deputy Chief Economist Taylor Marr.
Source: Inman News
New listings drop 12%, the largest decline in more than 2 years
Published in Back-end Brokerage Solutions, doug duncan, fannie mae, home sellers, Markets & Economy, Redfin, Select and Taylor Marr
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