4 ms·
Slowing sales could be the result of low inventory. That is, sellers are not eager to list/sell. Everyone is waiting and seeing.
by jejeyyy77 4y ago
Slowing sales could be the result of low inventory. That is, sellers are not eager to list/sell. Everyone is waiting and seeing.
- theptip 4y agoRight, it's a terrible time to take on a new mortgage, so there is a strong disincentive for owners to sell at this time. If you're on a fixed-rate 3% mortgage that loan is looking extremely valuable vs. the best rate you can get right now.
- latchkey 4y agoA buddy of mine ended up renting out his condo right next to Dolores Park (ie: pretty great location in SF) after it sat on the market for a few months (including lowering the price). It rented immediately. Places are not selling.
- frumper 4y agoLow inventory is why they were going in a couple days.