Nearly 50 Percent of US Homes Remain Unsold for at Least 60 Days: Report
By Naveen Athrappully Almost half of all homes remain unsold for at least 60 days, according to real estate brokerage Redfin. The stale sales figures persist despite the recent lowering of Fed rates. Forty-eight percent of U.S. listings for August remain on the market, compared to last year’s 43.2 percent. This marks the fifth straight month there was an increase in the share of unsold…
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