U.S. Homes Selling at Slowest Pace Since 2019
Appraisal Buzz
JANUARY 31, 2025
According to a recent Redfin study, housing prices and mortgage rates are still high, and home sales are at their weakest pace since the pandemic began. Not only are properties selling more slowly, but there are also fewer residences being turned over. Prospective buyers have been cautious because theyve seen homes sitting on the market and theyve heard interest rates and prices may drop.
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