Just The News reports that nearly 80 percent of major U.S. cities met Redfin’s definition of a buyer’s market in July, with a national seller-to-buyer ratio of 51.3 percent more sellers than buyers. Active buyers fell to 967,000 from a prior level of 1,463,000. The data come exclusively from two right-center sources.
No left-leaning sources covered this
No center sources covered this
“The worst time to sell a home is right now, dire figures show”
Read at New York Post →Rate hikes and under-building have priced out ordinary households while exposing middle-income sellers.
“Affordability squeeze and need for public housing investment”
High rates and prior fiscal expansion have eroded purchasing power and slowed mobility for middle-class families.
“Policy damage from loose money followed by tight credit”
The imbalance is a voluntary correction in which individuals rationally withhold capital.
“Decentralized price signals versus regulatory and monetary distortions”
All views accept Redfin metrics without verifying buyer counts or price outcomes and overlook cash-buyer gains and supply differences across cities.
“Shared metric assumptions and omitted transaction data”
Ratings by MBFC