Hot U.S. Home Market Cools Off!
Posted: September 26, 2021 | Source: cdn.ojo.meNew data including listings and time on market indicates that the red-hot U.S. housing market is cooling off a bit. According to the website Movoto, “46.1% of homes sold for more than initial list price in August 2021, down from the number reported in July, when 47.2% of homes sold above initial asking price, but still far ahead of August 2020, when 27.4% of homes sold for more than initially listed.”