Home Sales: Patience, Care, and Negotiation

April home sales saw a slight increase, with the median price reaching a new high. Inventory rose slightly, but the market remains competitive. Local differences are significant, with some areas still grappling with affordability and oversupply. Buyers are more cautious, seeking move-in ready homes and avoiding fixer-uppers due to construction concerns. Mortgage rate drops may not guarantee better deals, as competition could increase. Builders have an advantage, offering incentives and new inventory in a market with limited supply. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/49ccbf981e517240