U.S. Home Sellers Hold Record $700 Billion in Listings Amid Market Shifts
TL;DR Summary
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.
- U.S. Home Sellers Are Sitting on Nearly $700 Billion Worth of Listings, an All-Time High Redfin
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- Redfin: These 31 major housing markets have shifted to buyer’s markets Fast Company
- Real estate agent says there's 'a really big change' in housing market amid back-to-work movement MSN
- The Unexpected Reason Home Prices Could Drop Soon money.com
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