In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95 million in July, Redfin reported. As sellers realize that homebuyers have the upper hand now, some are opting out of the market altogether.
Source: Inman News
Sellers outnumber buyers by 36% — but that figure is starting to shrink
Published in Agent, Asad Khan, baltimore, boston, Brokerage, buyer's market, chicago, cleveland, florida, foreclosure, fort lauderdale, home prices, homebuyers, homebuying, homesellers, homeselling, housing market, illinois, inman, inventory, loan modification, market conditions, Markets & Economy, maryland, massachusetts, miami, MLS, Mortgage Loan Modification, mortgage rates, Multiple Listing Service, Nassau County, new york, Newark, Providence, Redfin, rhode island and Select
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