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. The share of non-primary residence buyers is now at 16% from a high of 22% in January 2022. In comparison, in 2011, homes took 96 days to sell. .
Let's personalize your content