The issue with declining sales is not that there isn’t demand.  The challenge is that there simply aren’t enough homes available – national housing inventory is down 10.3% from a year ago, and last year was a hot market!  This explains why were are in a seller’s market, and why buyers are having a hard time having their offer accepted.  This is just one of the reasons you need to be working with an experienced real estate agent.  I work with some of the most experienced real estate agents in the Triangle and would be happy to help you select one.  Read the full CNBC story here:

https://www.cnbc.com/2018/01/24/december-existing-home-sales.html

Surprise decline in U.S. home sales in December