Part 3/10:
Historically, increased D-listings tend to occur at what could be the peak of a market cycle. When homeowners see prices rising, many are motivated to list their properties, hoping to capitalize on high valuations. However, when those listings remain unsold for extended periods—sometimes over a year, as seen in recent cases—sellers often choose to pull their homes off the market temporarily. This behavior signals that sellers may be skeptical about getting their desired prices, possibly foreseeing a slowdown or price decline.
Market Conditions Fuel Hesitation
Several factors contribute to this rising hesitancy:
- Economic Uncertainty: Fluctuating economic conditions and geopolitical concerns are creating caution among buyers and sellers alike.