Quote:
Originally Posted by joelfmi
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition.
Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels, THIS I HOPE WILL STOP THE GREED OF SELLERS
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less as per Redfin
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Housing prices go up and down. It has nothing to do with the “GREED OF SELLERS.” Too few houses on the market coupled with high demand causes higher prices. The opposite happens when a high inventory is available. In a buyers market sellers think buyers are too fussy and demanding when they low ball the price and demand all kinds of concessions.