Existing Home Sales Disappoint While Rising Inventory Tests Sellers
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Existing Home Sales Disappoint While Rising Inventory Tests Sellers
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is getting more inventory while rate pressure is staying stubborn. They cover a miss in existing home sales, rising seller price cuts, oil above $100, and why buyers can sometimes find better deals when rates scare other people out of the market. The episode also touches on stronger retail sales, rising jobless claims, wire-fraud risks, and why sellers still need to trust their realtor on price.
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