Sales Are Down by Double Digits, but Competition Remains Tight for Available Inventory
Pro Builder
APRIL 11, 2023
Of all homes going under contract, nearly half are doing so within two weeks, Redfin reports. “Elevated mortgage rates are perhaps an even bigger deterrent for would-be sellers than for would-be buyers. Today’s serious homebuyers have grown accustomed to the idea of a 5% or 6% rate and have adjusted their budgets accordingly.
Let's personalize your content