I smell a bubble popping…

by BoatSurfer600

  • Homes in August sat on the market an average five days longer than they did a year ago.
  • The median listing price in August dropped to $435,000 from $449,000 in July
  • The average home sold for less than its list price for the first time in more than 17 months during the four-week period ended Aug. 28, according to Redfin.

Source: www.cnbc.com/2022/09/02/more-home-sellers-drop-their-asking-price-as-the-housing-market-cools.html

We are primarily funded by readers. Please subscribe and donate to support us!

h/t  BoatSurfer600

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.