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1258 - More Homes Are for Sale but the Market Remains at a Standstill—When Will Demand Come Back? By Moriah Costa

1258 - More Homes Are for Sale but the Market Remains at a Standstill—When Will Demand Come Back? By Moriah Costa

FromBiggerPockets Daily


1258 - More Homes Are for Sale but the Market Remains at a Standstill—When Will Demand Come Back? By Moriah Costa

FromBiggerPockets Daily

ratings:
Length:
10 minutes
Released:
Mar 25, 2024
Format:
Podcast episode

Description

After a winter slump, the real estate market is starting to look a little brighter in time for spring. More homes are entering the market, and buyers are starting to consider buying again after staying on the sidelines, according to the latest numbers from Redfin.  
For the four weeks ending March 3, new listings were up 13%, the biggest increase in three years. That uptick helped bring the total number of homes for sale up 1.7%, marking the first time in eight months that supply has increased. Meanwhile, asking prices had their smallest increase in two months, with around 5.5% of home sellers dropping their asking price.
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Released:
Mar 25, 2024
Format:
Podcast episode

Titles in the series (100)

BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!