I’m sorry to hear that your house is not selling. According to Redfin, the housing market activity remains weak due to rising mortgage rates, elevated home prices, and constrained housing inventory . This year is expected to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after the subprime mortgage crisis . The tight inventory conditions, coupled with persistently elevated mortgage rates, are expected to have a continued effect on the housing market.
If you’re wondering why your house isn’t selling, here are some common reasons why your home may not be selling and actions you can take to get your sale on track:
If you’re overwhelmed with home repairs, you can also consider selling your house “as is”. There may be a cost to that.....a Realtor can help navigate this option for you.
I hope this helps and reach out if you have any questions.
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