"While few sellers struck deals at those radically reduced offer prices, they signal a major shift in our marketplace, one which has been building for at least 18 months," Peters said.
According to Warburg data, homes listed at $1 million or more are spending over 100 days on the market. Those listed between $8 million and $12 million are spending an average of 175 days on the market.
Nothing to do with the lawlessness policies of NYC mayor and AOC? Bahahaha!!
It's strange as the mortgage rate is trending lower and people are getting higher pay-check, according to the latest job report.
If you have $$$$$$$$$
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