The housing market has experienced a notable slowdown, with March home sales dropping to their lowest levels since 2009. For many homeowners struggling to sell, this trend represents significant financial strain. Reports indicate that some sellers are describing the situation as ‘really bleeding.’ Despite these challenges, there are silver linings for certain homeowners who benefit from lower interest rates or stabilized prices. However, the overall market remains constrained by high rates and pricing pressures.
— new from Axios