Part 5/10:
The rise in D-listings is often viewed as a market signal that the pinnacle may be near or already passed. When sellers start pulling their homes off the market, it suggests they believe prices might soon stabilize or decline. The dynamics resemble a typical pattern: as prices peak, fewer buyers can afford or are willing to pay the asking prices, prompting some sellers to act cautiously or step back altogether.
Furthermore, there's a strategic element at play. Sellers and Realtors might delay price reductions to avoid signaling weakness, waiting instead to adjust prices subtly and maintain psychological confidence among buyers.