As days on the market increase, what does that mean for people who want to sell their homes?
Rising interest rates have created a stir in the real estate market, with many buyers and sellers alike re-evaluating their real estate decisions. Sellers may be considering selling before home prices change (seeing as they are still at historic highs), and buyers may be reconsidering how much home they can afford. Median list prices have grown 16.9% over the last year, and while the rate of acceleration has slowed down, listing prices have more or less continued to grow. In…