For the last few years, the housing market has favored sellers due to low inventory and high demand. Between bidding wars, high interest rates and limited viable options, many homebuyers have been waiting on the sidelines for things to turn around, which isn’t happening in many regions yet.
As homebuyers continue to navigate a tough time across much of the country, Lauren Hurwitz, a licensed realtor from Westchester County, New York, affirms that “it is still very much a seller’s market” in her area. But things are different in California.
