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Why the current housing market is a 'seller's paradise'

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August home sales have reportedly seen a month-over-month decline of 7.1% from July. Yahoo Finance Reporter Dani Romero breaks down the current housing market, shedding light on why it is currently a seller's market amid elevated mortgage rates. She also notes why the first week of October could be the best time to buy a home all year, according to Realtor.com. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

August home sales have reportedly seen a month-over-month decline of 7.1% from July. Yahoo Finance Reporter Dani Romero breaks down the current housing market, shedding light on why it is currently a seller's market amid elevated mortgage rates. She also notes why the first week of October could be the best time to buy a home all year, according to Realtor.com.

‘Quit saving your money’: Prolific investor Grant Cardone says there's only 1 thing that will bring you true wealth — and it's not your job or being cheap. Here's what it is and how to do itTORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.

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