Published On 2022-07-29
There are several signs that the market is adjusting to current economic conditions. Some sellers fear their homes will remain on the market longer than intended, which could drive the price down. The inventory of active listings in the U.S. increased by 8% over last year. Even though interest rates are increasing, sellers don’t want to risk a slow sale, so some have started lowering their asking prices. Now is a great time to buy if you have good financials and access to enough funds for the down payment.