US Housing Market Has Major Gap Between Sellers and Buyers
Real Estate
The U.S. housing market has finally turned in favor of buyers, as sellers now outnumber them by more than 600,000, or 44 percent, according to a new study by real estate brokerage Redfin. The gap between sellers and buyers, at 30 percent, was already notable a year ago, when buyers started withdrawing to the sidelines of the market due to ongoing affordability issues and growing economic anxiety. But the one reported in January, at 44 percent, is the largest gap in Redfin’s records dating back
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