More Sellers Are Taking Their Homes off the Market. Here’s What You Need To Know. You may be hearing that a near-record number of homeowners are pulling their houses off the market. And if that headline has you thinking, “Wait… is something bad about to happen?” You’re not alone. Because when people start stepping to the sidelines, it sounds like a warning sign that something’s coming – or that they realize something you don’t know. Here’s the thing. This trend gets spun like it means the market is about to crash. But the data tells a more practical story. What the Numbers Actually Say According to the latest data from Redfin , 5.5% of all listings were taken off the market in May. And it’s true that’s almost the highest it’s been since back in March 2020 ( see graph below ): That can sound scary. But a lot of the fear comes from how this story gets told. “ A near record number of sellers are pulling their listings ” makes a great c...
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