Why It’s So Hard to Buy or Sell a House Right Now #house #business #shorts

From Bloomberg Markets and Finance.

Trying to buy or sell a house right now? Does it feel impossible? You’re not alone. @sarahsholder breaks down the frozen US market with @mrgopal and @FairweatherPhD on the Big Take podcast https://t.co/e1vy03yNRW

The US housing market just posted its slowest spring season in more than a dozen years. Experts are pointing to a combination of factors: high prices, elevated mortgage rates and economic uncertainty in America. So what would it take to turn things around? Big Take host Sarah Holder spoke with Bloomberg housing reporter Prashant Gopal and real estate agents in major markets about the challenges for buyers and sellers. Read more: US Housing Market Posts Worst Spring Selling Season in 13 YearsSee omnystudio.com/listener for privacy information.