Even with falling rates, the housing market is shaping up to be bad in Q4
Housing Wire
NOVEMBER 18, 2022
months in October 2021. Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,β Yun said. βIn In October, 24% of homes received over the asking price. Conversely, homes sitting on the market for more than 120 days saw prices reduced by an average of 15.8%.β. ” .”
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