Why Are So Many Homes Being Pulled Off the Market?

Have you noticed that there seem to be more and more homeowners taking ‘for-sale’ signs out of their yards? You aren’t just imagining it: In December alone, one in 10 listed homes was pulled off the market, which is a 64% increase from the same time last year. To explain why this is happening, today I’m going over three key factors in our housing market that are causing more sellers to throw in the towel. For example, many homeowners that were staying put due to their low interest rates now have to move, which is increasing inventory and competition. To learn more, check out this video.