The housing market is about to shift in a bad way for buyers

Key Points

The number of for-sale listings was up 2.8% annually in June, but that was down from May's 2.9% gain. Inventory gains began to slow this year from 6.4% growth in January to 5.8% in February.

2008 story:

Saw that coming too. It feels like '04, when I was still working in accounting for an HOA management, & we were watching the foreclosures rolling in, knowing that the 2008 meltdown was coming, & there wasn't anything being done about it, because the clueless POTUS was in denial.

Raise the Interest rate to 8% this will drive down the price of homes. Local and state taxes can be lowered. When you have had to much inflation over the years a little deflation is a good thing.

Look at the source... Au contraire..

That shift will not last long with a recession looming and the housing market becomes a buyer's market.

Cause we have 3D printers building houses now so that makes sense. Dumbshitfuckworld

Nonsense 😎

I call BS !!!! It’s a matter of time before it all crashes

It always makes financial sense for buyers to listen to realtordotcom for advice. You’ve got to be kidding.

How could it have gotten worse for buyers than it already is

Why don’t you ever include in your story the drivers behind why new home construction is stalled? There are a few new subdivisions but it’s taking YEARS to get the homes built

It is already in motion and prices are falling FAST

No

LMAO. Exactly the opposite is true.

You really have no idea that Great Depression number 2 is coming

Just when I was ready to buy 🤷🏽‍♂️ lol

What state school intern is running your account tonight

What the article misses is shifting U.S. demand 1. Flat to no Pop growth 2. Increased rental demand 3. Aging & Retirement Pop demand 3 Low sales demand for old property 4. Increased Refi demand. 5. Decreased foreign investment.

This article is classic sign of a TOP.

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