.wre-home .wre-primary-menu:not(.wre-menu-ready) .sub-menu,.wre-home .wre-utility:not(.wre-menu-ready) .sub-menu{display:block!important} @media(max-width:760px){.wre-home .wre-nav-border:not([data-wre-mobile-ready]) .wre-navigation{display:flex!important}}

Real Estate Agent Tools Real Estate News

Real estate gurus: It may be time to buy a home—now

By Third PartyJanuary 19, 2023

Portrait Of Multi Cultural Couple Outdoors On Moving Day Holding Keys To New Home In Fall Or Winter

Source: Yahoo! News —

The housing market is cooling as consumers grow weary of higher mortgage rates. In December, the number of newly-listed homes sold had fallen about 37% from a year ago, according to Redfin data.

What are real estate professionals seeing on the ground?

Seana Smith of Yahoo Finance Live recently sat down with Kathy Casey, a Coldwell Banker residential brokerage realtor in Denver, Indianapolis-based Dan O’Brien, a realtor at Trueblood Real Estate, and Sir Ashley Harrison, real estate broker at the Harrison Group with Fathom Realty in Charlotte, North Carolina (video above).

The bottom line: a pronounced drop in consumer demand.