Good luck now trying to buy home

It is understood that this will be the busiest time of the year for real estate – but instead, this is crafts.

June’s current home sales fell on one NEW MONTH MONTHS, And according to the new, one of the seven fell into a potential deal Data from RedFin And the National Association of Realtters (NAR).

With 30 years Mortgage rate Press time is about 6.67 %, and 2 % (now about $ 435,30000) is rising, compared to a year ago, which is a rigorous draw in 2025. RedFin chief economist Daryl Fair Weather, Daryl Fair Weather, Told New York Times That the buyers are living on the shore.

Related: Barbara Corcorin says the best businessmen are good in this one thing

“As usual, what really comes down, is cheap,” Fairweather told outlet.

However, even though the accommodation supply increases by 15.9 % compared to a year ago, many sellers still think that when those things suffer from the heavens, they dream of pandemic diseases (home prices increase. Average 40 % From 2020 to 2022, and even more – 58 % – in some markets such as South Florida, per TD Bank).

And although some markets have been cooled since then, especially continued The west coast of FloridaMany sellers are choosing a list rather than a reduction in prices. New York Times.

Related: This is the modern trend of real estate that you may not miss – and is worth 8 438 billion

“The seller still has high expectations for what he can get for his homes,” Burner told outlet.

Among the cancellations of the contract, Jackson Well, most in Florida, more than five (21.4 %) of home purchase contracts, which were canceled in June, were canceled in June. Las Vegas came in second with Atlanta (19.6 %) after the second (19.7 %).

^{I join top CEOs, founders, and operators Level -up conference Unlock strategies to scal your business, increase revenue and build sustainable success.}