Higher Rates, Lower Prices. The Housing Market Course Correction Is Here.
As sellers scramble, buyers suddenly find themselves in the catbird seat.
From CNBC – The beginning of spring this year marked the return of the buyer’s market, as roughly 12% of real estate listings saw their asking prices drop as March turned to April. According to Redfin, this marks a 9% increase in year-over-year metrics.
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New listings also jumped, seeing an increase of 8% over last spring, acc...
