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Only 2.5% of Homes Changed Hands This Year! What’s Behind This 30-Year Low?
Manage episode 446224878 series 3561510
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🚨 Why are home sales at their lowest in 30 years? 🏠📉
In this episode of The RE Source, Ryan Hills uncovers the reasons why the housing market is at a standstill, with only 2.5% of homes changing hands this year. Uncertainty is creating a ripple effect that's stopping both buyers and sellers from making moves. From mortgage rates to fears about future policy changes, we break down how these factors are impacting the market—and what real estate professionals can do to navigate this challenging landscape. Don’t miss out on these crucial insights!
🔔 Subscribe now to stay informed on the latest housing market trends and updates!
Links:
https://www.redfin.com/news/homebuying-delay-election-survey-2024/
https://www.redfin.com/news/home-sales-turnover-2024/
https://www.redfin.com/news/pending-home-sales-rise-most-since-2023/
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