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Housing expert: Sellers are ‘just bowing out’ this spring

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finance.yahoo.com/news/housing-expert-sellers-are-just-bowing-out-this-spring-163735234.html

Elevated mortgage rates are still keeping some homeowners from listing this spring, despite market conditions tipping in their favor.
According to Realtor.com, there were 21.3% fewer homes listed for sale in April compared with the same month last year, largely due to potential sellers feeling 'rate-trapped' by their current mortgage. A separate study by Altos Research…

This story from finance.yahoo.com was posted on 2023-05-17 by @airwise.

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