Tue Jul 25, 2023 by Oppenheim Law on Housing Market
![When Will the Housing Market Pick Up Again?](https://southfloridalawblog.com/wp-content/uploads/2023/07/housing-shortages.jpg)
Why Is the Housing Market So Sluggish? There is a critical shortage of homes causing a weak housing market. Sales of pre-owned homes dropped 3.3% in June from May, and 18.9% lower than from June of 2022. While a six-month supply is considered balanced between buyer and seller, the current sales represent only a 3.1-month supply. Pricing of homes has […]