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U.S. Home Sellers Hold Record $700 Billion in Listings Amid Market Shifts

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Source: Redfin
U.S. Home Sellers Hold Record $700 Billion in Listings Amid Market Shifts
Photo: Redfin
TL;DR

U.S. home sellers are holding nearly $700 billion worth of listings, a record high, due to increased inventory, slowing demand, and rising prices, leading to longer market times and a significant amount of stale inventory, which may push home prices down by year-end.

Topics:businessreal-estate#home-listings#home-prices#inventory#market-slowdown#real-estate#stale-inventory
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  1. U.S. Home Sellers Are Sitting on Nearly $700 Billion Worth of Listings, an All-Time High  Redfin
  2. Is metro Detroit in a seller's or buyer's market for homes? Here's what a local agent says  WXYZ Channel 7
  3. Redfin: These 31 major housing markets have shifted to buyer’s markets  Fast Company
  4. Real estate agent says there's 'a really big change' in housing market amid back-to-work movement  MSN
  5. The Unexpected Reason Home Prices Could Drop Soon  money.com

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