There are roughly 500,000 more home sellers than buyers, meaning buyers have negotiating power. But the tables could turn if mortgage rates fall further.| Redfin Real Estate News
Starter-home sales increased 3.8% year over year, rising for the 12th consecutive month to the highest August level in three years. In comparison, sales of mid-price homes fell 0.6% year over year in July, while high-price homes) fell 1.2%. Sales of mid- and high-price homes have declined year over year each month since February.| Redfin Real Estate News