Only 1% of US Homes Have Changed Hands So Far This Year, Redfin Says - eviltoast

The US home turnover rate in the first half of 2023 has fallen to the lowest in at least a decade as high mortgage rates compel owners to stay put, Redfin Corp. said.

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  • OldWoodFrame@lemm.ee
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    1 year ago

    This is me for sure. Would have moved, was looking, but rates shrink my potential pool of houses pretty small and the lack of anyone ELSE moving shrinks it even further. Decided to wait a year and try again.