Secret House Listings: Are First-Time Buyers Locked Out?
Understanding the March 2025 housing landscape is crucial. We delve into the growing trend of private listing networks (PLNs) and their potential challenges for first-time buyers and those in PLN-dominant areas. Learn why some economists see "bad news" as potentially positive for mortgage rates.
We also explore the significant financial implications of selling homes off the MLS, revealing a billion-dollar loss for sellers, with communities of color disproportionately affected. Gain insights into inventory levels, pending home sales exceeding 2024 figures, and the overall subdued spring market.
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