Here’s why the housing slowdown isn’t lowering home prices | CNN Business

Yasmin Asberry thought selling her home in a Dallas suburb would be simple. Instead, after months of little interest, she dropped the price twice and was on the verge of pulling the listing when she finally got an offer she liked.

“When we first listed it, we were under the impression that people were still excited to buy homes and that they were getting snapped up pretty quickly,” she said. “But we didn’t get very many hits.”

Asberry’s experience reflects a housing market caught in a stalemate.

Just a few years out from the pandemic-era housing boom, the market is stumbling. Many homeowners,

Related News

How to Overcome Imposter Syndrome and Launch Your First Product with Confidence

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Incident involving suspect with a knife closes Hwy. 101 in San Jose

Scott Pelley speaks: ‘CBS News is on fire’ and Bari Weiss should be removed

5 vehicles stolen from Alameda County parking garage in Oakland

Video footage shows large groups of people fighting in Oakland