The home sales slump in the U.S. continues: Last month was the slowest May for existing home sales since 2009.

Existing home sales in May fell 0.7% compared to the same month last year. Measured monthly, sales were up slightly, 0.8%, from the month before — but that marks an increase from the slowest April for existing home sales in 16 years.

  • glimse@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    1 day ago

    I bought a condo in 2009/2010 and the market is way crazier now. Back then it felt very…human? This time around, the whole process selfish and greedy with everyone trying to take advantage of you on both sides.

    • Know_not_Scotty_does@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      1 day ago

      I hate how the whole process works.

      We had one seller essentially manipulate us by telling us there were multiple offers when there weren’t, told no less than three people that they had the house inspected to make sure it was in good shape then gaslight us about that and claim we were lying when we asked for the report. Then they ignored our contract terms, then refuse to make repairs or discount the house after significant work was required when we had the house inspected. Then when we canceled our contract because the option period was about to expire (after offering to extend it if they got the forms back to us before the deadline) because they refused to negotiate on the price or repairs, they asked why we backed out of the deal.

      THEN THESE FUCKERS WOULDN’T SHARE THE INSPECTION REPORT WE PAID FOR WITH THE NEXT PROSPECTIVE BUYER UNTIL THEY WERE UNDER CONTRACT. Which is not how that is supposed to go.

      The new buyer reached out to our agent and asked about what was up and if we would share the report to which I said of course, here is everything we went through and how these people behave, lowball the shit out of them.