July saw decreased competition, with high housing costs keeping homes on the market for longer and causing sellers to lose their edge. However, with recent drops in mortgage rates, we could see more competition as we head into fall. Zillow Chief Economist Skylar Olsen breaks down what this will mean for both buyers and sellers in the July Market Report: https://lnkd.in/gkDDEj6j #HousingMarket #Zillow
And you have to earn 180k have 700 credit score put 25k/50k down to get that home loan
I wonder how it will affect our local market. The market in Rochester is still hopping from what I see in our neighborhood.
I wish that was the typical home value here in Southern California. If we hadn't got into a home when we did back in Fall of 2020, I'm not sure we'd ever be able to buy a home here.
We can get this inventory way higher if we ban Airbnb and ban tenant screenings!
I'd wonder what the off market data looks like..
Very interesting statistics about the housing market.
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Useful tips
Interesting.. 👍
That's very interesting, thank you the insight 🙏