Prospective home buyers start 2025 with ‘stale’ housing market

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Home buyers started the new year with a “stale” housing market. A new report shows that while there’s a surplus of homes, many buyers deem them unappealing.

Redfin, a residential real estate broker, reported that the number of homes for sale in November hit the highest level since 2020. However, Redfin said a major reason for the increase in supply is “a pileup of unsold homes, many of which buyers have deemed undesirable.”

Full Story: https://san.com/cc/prospective-home-buyers-start-2025-with-stale-housing-market/

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