Sellers Are Pulling Homes Off the Market at the FASTEST PACE Since 2020

Subscribe to My New Clips Channel    / @michaelbordenaroclips  =======Need a Real Estate Agent You Can Trust? Get one for FREE: https://homeandmoney.com/michael/=======Follow Me on Instagram:   / michaelbordenaro  =======My Filming and Editing Equipmenthttps://michaelbordenaro.com/my-youtu...======Save Money on Property Taxes FOREVER! http://Ownwell.com/michaelbordenaro======Get Cash Back on ALL your Internet Purchases!https://www.rakuten.com/r/NIRVPL2?eei...======My Microphone (Lot of People Have Asked)https://amzn.to/3Mhs2ozArticles Mentioned in the Videohttps://www.redfin.com/news/delisting...https://apple.news/A1cqn05N5QiSPty0WL...https://www.floridarealtors.org/news-...https://www.realtor.com/research/May-...00:00 - Introduction: Sellers Pulling Homes Off the Market 01:30 - Why are Sellers Delisting Their Homes? 02:14 - Current State of Negotiating Power & Inventory 03:24 - High-End Real Estate Example: $7.6 Million Listing 04:37 - Economic Uncertainty for Sellers 05:12 - National Inventory Trends & Highest Levels in 5 Years 05:51 - The Other Side: Homes Being Relisted at Record Rates 06:53 - Realistically Pricing Homes to Sell 07:25 - Redfin's Early Access Tool for Sellers 08:47 - Inflation Predictions & Impact on Home Sales 09:30 - Eastern Shores Real Estate Sales Example 10:14 - Realtor.com Data: Declining Listing Prices 11:53 - Contract Cancellations & Price Per Square Foot Drops 13:39 - Discrepancy Between Redfin & Realtor.com Data 15:01 - Can Homeownership Still Build Wealth? 17:46 - Affordability: Who Can Actually Afford a $500k House? 20:12 - The Hidden Costs of Owning a Home 21:46 - Florida's New Property Tax Exemption Proposals 25:38 - Closing Thoughts & Viewer CommentsFTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.