In a recent statement, Lawrence Yun, an industry expert, highlighted a concerning trend in the housing market, noting that annual existing home sales in 2023 reached their lowest levels in almost three decades. This news has sparked discussions and concerns among industry professionals and analysts.

Key points from the article include:
– Lawrence Yun acknowledging the significant decline in existing home sales in 2023
– Mention of the prediction by NAR Chief Economist of falling rates and potential increase in existing home sales in the future
– Link to the full article for further insights and analysis on the current state of the real estate market.

For more in-depth information on this topic, you can visit the full article on Weekly Real Estate News website.

You can read this full article at:

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.