"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.
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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 $$$$$$$$$