Homeowners are suddenly pulling their houses off the market—and this is why
AI Summary
Homeowners are increasingly opting to remove their properties from the market due to a shift favoring buyers, which has left sellers frustrated with low offers. In April, 5.8% of all listings were delisted, a trend that matches the high levels seen during the pandemic in March 2020 and December of last year. This shift underscores a significant imbalance in the housing market where buyers have the upper hand, potentially signaling a more competitive market and higher prices in the near future.
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