iBuyers Struggle with Low Stock and Fewer Customers
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It's not an iBuyer's market anymore.
Not only have US housing starts declined for the fifth month in a row -- a trend not seen since 2009 -- but nationwide home buying fell 40% year-over-year in 2022's fourth quarter, The Wall Street Journal reported. This all spells bad news for the iBuyers who depend on a constant flow of buying and selling homes.
Source Fool.com
