Daily Mail ^ | November 19, 2025 | Marianne Garvey Posted on by Angelino97 The US housing market is now the strongest buyer’s market in records dating back more than a decade, but that doesn’t mean they are biting. New Redfin data shows home sellers outnumbered buyers by 36. 8 percent in October, with 528, 769 more sellers than buyers nationwide. That imbalance is the highest since the years following the 2008 financial crisis, and it has flooded the market with listings and forced sellers to slash prices across much of the country. In theory, buyers should now have the upper hand: more homes to choose from, more room to negotiate, and far less competition. But in practice, the market has ground to a halt. Even those who can afford today’s high prices and brutal mortgage rates are hesitating, convinced that if they wait just a little longer a better and cheaper home will hit the market. Millions of others have been priced out entirely. ‘There’s a shortage of both first-time buyers and repeat buyers because mortgage rates and home prices have gone up so much,’ said Redfin Premier agent Matt Purdy in Denver. Now, amid high housing costs and economic uncertainty, the number of homebuyers in the US housing market dropped 1. 7 percent month over month in October to an estimated 1. 44 million. That is the lowest level on record aside from April 2020, when the coronavirus pandemic brought the housing market to a halt. Sellers have also been retreating due to a lackluster demand for homes. The number of sellers in the market fell 0. 5 percent month over month to an estimated 1. 97 million the lowest level since February. That marks the fifth-straight monthly decline in the number of sellers. Many sellers are being forced to slash prices while others are pulling their homes off the market altogether. (Excerpt) Read more at dailymail. co. uk . TOPICS: Business/Economy; News/Current Events KEYWORDS: Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC PO Box 9771 Fresno, CA 93794 Thank you very much and God bless you. 1 posted on by Angelino97 Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by.
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