MikeTrendsTrends right now

✉news BusinessReal Estate first seen 12 d ago, last 11 d ago, peak #6

Home sellers told to temper expectations

Original: Selling your home? You may need to adjust expectations

Sellers are being advised that the housing market no longer guarantees the quick, high-priced sales of recent years. With higher mortgage rates and fewer buyers, homes are sitting longer and price cuts are more common, so homeowners listing their property may need to lower their asking price and rethink timing.

Why now: Rising mortgage rates and a cooling housing market are prompting sellers to reassess what their homes will fetch.

US housing market

Open on news →

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/3934907