Mike Simonsen 🐉 on X: “Starting to expect we'll see more motivated sellers, but still not dis…”

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Mike Simonsen 🐉 on X: “Starting to expect we'll see more motivated sellers, but still not dis…” | PeekX

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Mike Simonsen 🐉

@mikesimonsen

Starting to expect we'll see more motivated sellers, but still not distressed ones. Rates are up, sales pace down.
This week:
Inventory: 1.14M, +4.4% YoY
New listings: 78K, -1% YoY
Pending sales: 69K, -10.5% YoY
Price per sq ft: $213, -1.3% YoY
Price cuts: 42.8% climbing