Home Sellers Outnumber Buyers by Largest Margin in 12 Years
TL;DR Summary
The U.S. housing market has shifted, with sellers now outnumbering buyers by nearly 500,000, the largest surplus on record, leading to increased negotiating power for buyers and potential declines in home prices, especially in buyer's markets like Florida and the Sun Belt, amid economic uncertainty and rising mortgage rates.
- Homesellers now outnumber buyers by half a million: Redfin The Hill
- Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market AP News
- It’s Been 12 Years Since U.S. Buyers Had so Many Homes to Choose From Mansion Global
- Home sellers now outnumber buyers by largest margin in 12 years, report finds CNN
- Here’s what home sellers are doing to counter a brutal buyer’s market this summer MarketWatch
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