Housing Market Faces Steep Decline As Home Sales Set to Hit 10-Year Low
- Existing home sales projected to fall to 4.1 million in 2023, lowest in a decade
- Buyers face rising mortgage rates, high prices, low inventory - waiting only makes it worse
- Sellers forced to cut prices deeply after months with no offers
- Home listings saw unusually high 9%+ price cuts in a single week recently
- Have you bought/sold a home recently? Insider wants to hear your story