that pending sales fell to the lowest level of any month aside from April 2020 – the peak of the pandemic shutdowns.
“They can afford to buy, but have been holding off because it’s unclear where the country will be in six months,” Redfin agent Nicole Stewart said in the “I think when we talk about the broader dynamics of the housing market, politics is not a factor that is typically cited as among the chief reasons for housing market activity,” he said. “Those reasons are primarily economic, and those dynamics have been quite dramatic.”
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Housing Market Has Gotten Better for Buyers in Two WaysMortgage rates have declined while prices are cooling, according to Redfin.
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The ultra-wealthy are benefiting from today's real estate market as everyone else is frozen outThe share of all-cash home purchases is at a record level, according to Redfin data — and for everyone else, the dream of owning a home is slipping away.
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