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🏡✨ #USHouseMarketStructureDraft
Big shifts in the U.S. housing market for 2025! 📈
- Existing homes for sale are bouncing back to more normal levels in many big cities, and new homes are hitting the market at rates we haven’t seen since 2007-2008. There are now 481,000 new homes for sale-about 50% higher than the long-term average! 🏘️
- Speculative homes (those built without a buyer lined up) are also at a 16-year high, up 40% above average. More choices for buyers, but supply won’t boost prices like before.
- Single-family existing home listings are up 20% year-over-year, but still sit 20–30% below past lows. So, while things are improving, inventory is still tight in historical terms.
- Mortgage rates remain stubbornly high, hovering above 6%. This keeps many homeowners “locked in” to their current homes, slowing down the market and making affordability a big challenge for new buyers.
- Home prices are still rising, but much more slowly than before. Expect more variation across regions-high-income areas may see prices climb faster, while others cool off.
Bottom line: More homes are for sale, but high rates and affordability hurdles mean the market is still tough for buyers. Keep your eyes on the numbers-2025 is shaping up to be a year of transition! 👀🏠✨
#HousingMarket #RealEstate #Homebuyers #MarketUpdate
Big shifts in the U.S. housing market for 2025! 📈
- Existing homes for sale are bouncing back to more normal levels in many big cities, and new homes are hitting the market at rates we haven’t seen since 2007-2008. There are now 481,000 new homes for sale-about 50% higher than the long-term average! 🏘️
- Speculative homes (those built without a buyer lined up) are also at a 16-year high, up 40% above average. More choices for buyers, but supply won’t boost prices like before.
- Single-family existing home listings are up 20% year-over-year, but still sit 20–30% below past lows. So, while things are improving, inventory is still tight in historical terms.
- Mortgage rates remain stubbornly high, hovering above 6%. This keeps many homeowners “locked in” to their current homes, slowing down the market and making affordability a big challenge for new buyers.
- Home prices are still rising, but much more slowly than before. Expect more variation across regions-high-income areas may see prices climb faster, while others cool off.
Bottom line: More homes are for sale, but high rates and affordability hurdles mean the market is still tough for buyers. Keep your eyes on the numbers-2025 is shaping up to be a year of transition! 👀🏠✨
#HousingMarket #RealEstate #Homebuyers #MarketUpdate
#USHouseMarketStructureDraft **#USHouseMarketStructureDraft**
A pivotal shift could be coming to how U.S. housing operates. The newly proposed draft aims to address systemic inefficiencies, affordability, and transparency in the real estate market. From broker commissions to buyer protections—change is on the table.
This draft could reshape the future of home buying and selling.
\#RealEstate #HousingMarket #PolicyUpdate #Homebuyers
A pivotal shift could be coming to how U.S. housing operates. The newly proposed draft aims to address systemic inefficiencies, affordability, and transparency in the real estate market. From broker commissions to buyer protections—change is on the table.
This draft could reshape the future of home buying and selling.
\#RealEstate #HousingMarket #PolicyUpdate #Homebuyers
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