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A 'silver lining' in the housing market: For-sale home listings are spending more time on the market

Por: MarketWatch Business October 21, 2022

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For the average homebuyer, the monthly payment on that mortgage has risen by 50% from a year earlier when mortgage rates were at 3%, Redfin said. The massive jump in rates has iced buyer demand, with sales of The last time sales dropped for so many consecutive months was in 2007. So it makes sense that for-sale listings aren’t moving as fast as they did during the pandemic. Listings currently take eight more days to go from for-sale to... + full article



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