Currently standing at 96.8%, the number of homes listed versus those for sale was the lowest reported since Q1 of 2019.
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Wait and See: More Home Sellers Forced to Sit Tight
With home sales on the decline and mortgage application volume falling to a 25-year low, Redfin reports sellers’ time on market has doubled from the spring as buyers wait for both prices and rates to come down.
Read More »Homebuyers: How They’ve Changed in Recent Years
Here’s what an analysis revealed about recent homebuyers and how these groups can provide insight into the types of households driving recent housing market activity.
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