Home Price Record? A Stunning Stat Despite a Slow Market
BiggerPockets Daily
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A Surprising Trend in Home Sale Prices Amid Market Sluggishness
This chapter discusses a recent Redfin report revealing that median US home sale prices have reached a record high of $396,500 despite a sluggish market. The analysis highlights the contradictions between asking prices and actual sales, examining the dynamics of inventory and demand while forecasting potential shifts in buyer behavior.
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