This is turning out to be a long, cool summer — at least where the housing market is concerned
“The only people moving right now are the ones who absolutely have to,” Redfin CEO Glenn Kelman told MarketWatch.
Redfin
For the real-estate sector, 2023 is turning out to be the summer when it all came to a halt.
Mortgage rates have stayed around the 7% range over the last few days, making it more expensive to buy a home for many aspiring homeowners. Even if buyers come to terms with high rates, home listings have been scarce, as homeowners hold out on listing…
