Is the housing market is gradually retreating towards a more balanced state?

<p>An average of 5% of homes for sale each week experienced a price drop, this means that the real estate market is self-correcting as housing affordability remains an obstacle for some buyers. With price drops, buyers who were out bidded during the peak market will be back to purchase a home. Homes are stayed almost one week longer before going into under contract. With the fall season, the demand for housing has fallen by 9% according to Redfin.&nbsp;</p> <p>#realtor #rooparealtor #realestateagent #sellersmarket #buyersagnet #sellersagent #lowinventory #realestate #forsale #fsbo #forsalebyowner #sold #sell&nbsp;</p> --- Send in a voice message: https://anchor.fm/rooparealtor/message