Why homebuyers are calling it quits

By Swapna Venugopal Ramaswamy | Arizona Republic

The share of respondents who believe it is a bad time to buy rose to 66% in September, up from 38% a year earlier.
The median existing-home price reached $352,800 last month, up 13% from a year earlier.

Amber Otto hadn’t considered buying a home with any urgency until the pandemic forced her to start working out of her 630-square-foot apartment in Seattle last year.

In the last 18 months, she’s seen more than 50 homes in the $300,000 range, made offers above asking price on four of them and been shut out of several more as bidding wars drove prices out of reach.

READ ON:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
October 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031