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Lance Lambert: Resale transactions remain near historical lows for four years

Lance Lambert: Resale transactions remain near historical lows for four years
Resale transactions remain at record lows

Lance Lambert highlights that residential resale transactions have been at or near their lowest historical levels for the past four years.

He observes that the market has remained within this unusually low resale turnover range, suggesting there may be limited further downside for activity in this segment.

Lambert has previously reported on the closure of Roam's marketplace for homes with assumable eligible mortgages as principal balances on low-rate loans have declined, according to one recent update. He also covered Roam's decision to exit its marketplace that connected buyers with assumable mortgages in a separate report, as noted in another article. These closures follow changes in mortgage conditions impacting housing transaction options.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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