Source: ABC News —
Just a few months ago, the real estate market was favorable to people selling homes. The amount of buyers was increasing, the number of listings were down and interest rates were dropping, it seemed, across the country.
Now, brokers are saying the market has shifted.
“Today, week after week, we see more and more inventory come on the market and demand is down,” broker Justin Itzen, who sells high-end homes in Orange County, California, told ABC News’ “Nightline.”
“Buyers have more to choose from, they can be more selective,” he said.