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FSBOs Just Hit an All-Time Low
For Sale by Owner transactions just hit an all-time low — and sellers are overwhelmingly turning to REALTORS instead. The latest NAR 2025 Profile of Home Buyers and Sellers shows that only 5% of homeowners sold their homes on their own this year, down from last year’s record low of 7%. Meanwhile, a record-breaking 91% of sellers used a real estate agent. Why the shift? Higher sales prices: FSBO homes sold for a median of 18% below agent-assisted transactions. Less stress, few
NAR’s Chief Economist Update
NAR Update... With the Federal Reserve lowering interest rates, how many more cuts are on the horizon? NAR’s Chief Economist Lawrence Yun answers this question in the latest Ask the Economist. Have your own questions for Lawrence? Email AskTheEconomist@nar.realtor .
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