Buyers and sellers are feeling a shift in the housing market

Source: Marketplace — 

In June, pending home sales fell 8.6% from the previous month, according to the National Association of Realtors. That’s the latest sign that the frenzied housing market we’ve come to know during the pandemic is finally cooling off.

So what’s it like to be buying or selling a home right now?

“We were finding that the market was crazy, that houses were being listed and contracted in 24 hours,” said Josh Landen, who started house hunting in the suburbs of Tampa, Florida, in early March.

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