They say you can’t time the housing market, but as we are acutely aware, some times are better for buyers than others. Like now, as the market has softened, primarily because high interest rates put a monthly mortgage rate out of reach for many.
Real estate listing platform Redfin says 44% of sellers are granting concessions to buyers, and 13% of all sales in March were canceled due to jittery buyers in an uncertain economy with high interest rates.
