Sellers are seemingly coming out of the sidelines and getting ready to list their properties on the market, real estate platform Redfin said on Friday, even as buyers remain wary of elevated mortgage rates and high prices.New listings jumped to their highest level since September increasing by almost 4 percent last month. For the year, they were up by close to 15 percent.
This froze the existing housing market, which essentially collapsed in 2023, and stifled supply.However, sellers are now ready to take the plunge, according to Redfin. The question now is whether buyers will be ready to jump in as well. Mortgage rates are still near the 7 percent level as the economy suggests rates may stay higher for longer.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Housing Market Update as Rental Prices DropRent prices are leveling off as the number of available apartments grows across the country.
Bron: Newsweek - 🏆 468. / 52 Lees verder »
Not even the Fed can counter a decade of bad zoning law distorting the housing marketAverage and median home sale prices rose by around 48% from the peak of the COVID-19 pandemic to the end of 2022
Bron: dcexaminer - 🏆 6. / 94 Lees verder »
More listings are hitting the housing market but relief from high prices isn't followingMore homes are starting to hit the housing market as the spring market approaches, a slight reverse of a trend of homeowners deciding to stay put.
Bron: wsyx6 - 🏆 444. / 53 Lees verder »
Housing Market Boost Could Come From Falling PricesSmall business owners report that inflation is their most important problem, according to a new survey.
Bron: Newsweek - 🏆 468. / 52 Lees verder »
Colorado’s housing market delivers January burst of new listingsNew listings skyrocketed in the Denver metro and across Colorado in January. The January Market Trends Housing Report from the Colorado Association of Realtors recorded an 80% jump in single-family…
Bron: denverpost - 🏆 13. / 72 Lees verder »