U.S. HOUSING MARKET TILTS HARD TO BUYERS U.S. homebuyer demand hit a record low in July, with just 967,000 buyers versus 1.46M sellers—a 51…
U.S. HOUSING MARKET TILTS HARD TO BUYERS
U.S. homebuyer demand hit a record low in July, with just 967,000 buyers versus 1.46M sellers—a 51% seller surplus.
Nearly 80% of major metros are now buyer’s markets, giving house hunters greater negotiating power.
Miami leads with 154% more sellers than buyers, followed by Nashville and several Texas metros.
High mortgage rates, elevated prices and economic uncertainty are keeping buyers on the sidelines.