U.S. Housing Market Shifts Toward Buyers as Prices Drop
TL;DR Summary
The U.S. housing market is shifting towards a buyer's market, with more sellers than buyers and increased negotiation power for buyers, although inventory remains low. This trend is evident nationwide, including Florida, where price cuts are common and demand has cooled after pandemic-driven surges. Lower mortgage rates could further boost buyer activity, but overall affordability remains a concern.
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