So some relief for homebuyers is that listings have increased in 90% of major housing markets. So that’s, I think, what we’ve been seeing all through this year is just more listings. Housing supply has returned to pre-pandemic levels and 40% of major housing markets. So it’s nice that housing is back. But housing is also a little more expensive, and that is due to some of these junk fees that we’ve seen on the mortgage side.
So I want to see if you can talk about that, because mortgage junkies, they can add 5 to 6000 to the cost of buying a home. Right. Closing costs when purchasing a home in the Bay Area is usually around 10 to 15000. And the CFPB, they’re actually looking for ways to reduce that for the buyers and for the sellers.
What are you seeing right now?
