Sellers Need Better Pricing as Inventory Rises and Existing Sales Come in Light
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Sellers Need Better Pricing as Inventory Rises and Existing Sales Come in Light
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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 getting worse again. They cover a small miss in existing home sales, steady price reductions, oil-driven mortgage pressure, and why sellers still need to price their homes where their agents tell them to. The episode also touches on the packed economic calendar ahead, including CPI, PPI, mortgage applications, retail sales, jobless claims, and the Kevin Warsh Fed chair vote.
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