Definitely leaves a mark but that case is an extreme outlier. Seriously who pays cash for a home only to decide they like another better amonth later before moving in and buys it also for cash?
No question things are slower and inventory has been building. But its still way below 2019 here and we are lsiting fewer homes by a good margin. We are at the time of year when the peak listing numbers should be past. How much they drop we’ll have to see but in the face of steady albeit lower demand we could work through most of this inventory heading into next Spring. Then what?