Homebuyers have something they haven’t had much of in recent years: leverage.
There were nearly 58% more home sellers than buyers in August—the biggest gap in Redfin’s records. More homes are hitting the market, nearly 3 in 5 are selling below their original asking price, and buyers have more room to negotiate.
In This Week in Housing, we break down what today’s buyer-friendly market actually means, why buyers are still holding back, and the inflation report we’re watching closely.
