Monday, May 6, 2024 | The Latest Buzz for the Appraisal Industry

Redfin Reports Buyers Are Finding More Power

Homebuyers are beginning to take back the wheel from homesellers, who have mostly prevailed over the last two years, as Redfin reports that more sellers are dropping the price of their homes amid rising interest rates and growing affordability concerns.  Pending sales in May posted their largest declines since the pandemic took hold of the …

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