Your Money Minute – “Home Relistings” (March 18, 2026)

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In this episode, Jessica Ettinger of CNBC explores a rising trend in the real estate market: the surge in home relistings. Drawing on fresh data from Redfin and insights from industry experts, the episode explains why more homes are coming back onto the market and what it means for both buyers and sellers in a challenging housing climate.

Key Discussion Points & Insights

1. Surge in Home Relistings

• Record Relistings:
  • Quote: “According to Redfin, almost 45,000 homes were relisted for sale in January, and that's the highest January number since the real estate brokerage started tracking it a decade ago.” (Leslie Picker, 00:11)
• This signals a renewed effort by property owners to sell after previously pulling their homes from the market.

2. Why Homes Are Relisted

• Sellers Pulled Listings Due to Market Conditions:
  • “A relisting means the home was on the market, but the owner either wasn't getting the price he or she wanted or something else happened, so they pulled it off… to wait.” (Jessica Ettinger, 00:21)
• Buyers Gaining Power:
  • “Redfin reported a record number of sellers pulling their homes off the market last September... Close to 85,000 sellers had started to realize they're no longer in the driver's seat.” (Jessica Ettinger, 00:21)
• Buyer Hesitancy:
  • Reasons for buyer restraint include “growing economic uncertainty and higher prices putting them off.” (Jessica Ettinger, 00:21)
• Changing Dynamics in Negotiations:
  • Sellers have refused concession requests, opting instead to “just take it off the market and try again in the spring.” (Jessica Ettinger, 01:05)

3. Impact of Economic Factors

• Mortgage Rates Creating Barriers:
  • “Mortgage rates, you know, rates have really been hovering between six and six and a quarter percent. And for home buyers out there, it's just not an incentive to get into a market where they are concerned about the economy, where home prices are still high and where there's not a lot of great supply on the market to see either.” (Diana Olek, 00:50)
• Insight: Elevated rates and limited supply are reducing buyer motivation.

4. Price Cuts on Relisted Homes

• Buyers Might Find Deals:
  • "Redfin says more than a third of homes relisted in January came back on the market at less than their original price." (Jessica Ettinger, 01:05)
• This could create opportunities for buyers as sellers lower expectations.

Notable Quotes & Memorable Moments

• “That's the highest January [relisting] number since the real estate brokerage started tracking it a decade ago.”
  — Leslie Picker, 00:12
• “Sellers... are no longer in the driver's seat, with buyers stepping back amid growing economic uncertainty.”
  — Jessica Ettinger, 00:26
• “If we can't get what we want for a home right now, we'll just take it off the market and try again in the spring. And that's what's happening. The relisting is on.”
  — Jessica Ettinger, 01:05

Important Timestamps

• 00:11 – Leslie Picker cites the Redfin data on record relistings
• 00:21 – Jessica Ettinger explains why homes are being relisted and sellers’ loss of market leverage
• 00:50 – Diana Olek discusses the impact of mortgage rates and market hesitancy among buyers
• 01:05 – Jessica Ettinger highlights the fact that many relisted homes are now offered at lower prices

Tone & Style

• Informative and brisk, true to the “Your Money Minute” concise format
• Relies on expert input and hard data, with a focus on what consumers should know and watch for

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