Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.
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Category: home supply
Mortgage applications rise as home supply sees record increases
That wasn’t the only good news as the end of the month neared.
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Sellers lose the upper hand as mortgage rates rise
The housing market is starting to become more balanced.
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Home supply is up for first time in three years
High mortgage rates and increased prices are keeping homebuyers on the sidelines.
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Two more years until inventory bounces back, experts say
Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.
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