09/06/2025
https://www.facebook.com/share/p/1A7fRZb4vY/
I had a debate about this a few weeks ago, I was told I was being delusional and that it's supposedly misaligned ...
At the end of the day, buy your house! Don't fall in love with the rate, fall in love with the home......and when you DO fall in love with the home, drop me a message so we can insure it the right way!
The U.S. housing market just flipped on its head.
For the first time ever, there are nearly 500,000 more sellers than buyers. That’s the biggest gap on record.
Why?
• Mortgage rates are still high.
• Prices are sky-high (median sale price over $400K).
• Buyers are sitting on the sidelines, waiting for the market to crack.
Translation: Sellers are losing their leverage. Homes are sitting longer, more price cuts are popping up, and buyers finally have some power.
Don’t expect a housing crash, but do expect some cooling.
Redfin is calling for about a 1% drop in prices this year.
The housing game of 2025 looks a lot different than the bidding wars of 2021.
