Sunday, May 5, 2024 | The Latest Buzz for the Appraisal Industry

Pending-Sales See First Decline Since June 2020

According to a new report from Redfin, homebuyers are struggling as 45% of homes are now finding buyers within only two weeks on the market. Some 35% of homes go under contract within a week, and both rates are their highest ever seen for this time of year. Despite the market’s unforeseen intensity and demand, pending home …

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