Opinion: Here’s the latest data on what Realtors are witnessing in the housing market
Housing Wire
OCTOBER 1, 2022
Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market. All cash buyers now stand at 24%. The last high among all-cash buyers was seen at 35% in 2014.
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