More home sellers but fewer home sales
Housing Wire
JANUARY 13, 2025
Bond markets have driven mortgage rates back to the highs, and home sales are suffering. Sellers are up, but sales are down. Prior to the fires there were only 17 houses for sale in all of Pacific Palisades , for example. There were 45,000 new listings for single-family homes across the country this week, which is a big jump.
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