Market Correction or Seller Panic?
Appraisal Buzz
JULY 18, 2022
Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. This is a trend that leads me – and many others – to believe that we are quickly transitioning into a renter economy – much like the United Kingdom where their homeowner has fallen from 71% in 2003 to 63% in 2018. [2]
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