Where Condos Already Came Unglued: 10 Big Cities with Price Drops from 10% to 22% from Peak by Wolf Richter • Mar 21, 2025 • 70 Comments Austin, Oakland, San Francisco, Detroit, New Orleans, Jacksonville, Denver, Portland, Seattle, Mesa. Tampa is almost there, as are other markets.
Buyers Strike Not Letting Up: Sales of Existing Homes Have Worst February since 2009, as Inventory Surges by Wolf Richter • Mar 20, 2025 • 85 Comments Too-high prices trigger demand destruction, market freezes.
The Most Splendid Housing Bubbles in America, Feb 2025: The Price Drops & Gains of 33 Largest Costliest Housing Markets by Wolf Richter • Mar 17, 2025 • 114 Comments Below 2022 highs: Austin, San Francisco, Phoenix, San Antonio, Denver, Sacramento, Dallas-Ft. Worth, Portland, Salt Lake, Seattle, Tampa, Raleigh, Houston, Atlanta, Charlotte, Nashville, Las Vegas, Minneapolis, Orlando…
In the South, Pending Home Sales Plunge to Record Low, just as Inventories in Florida & Texas Balloon. Push US Pending Sales to Record Low by Wolf Richter • Feb 27, 2025 • 168 Comments In the West, Midwest, and Northeast, sales hobbled along near record-lows. Housing demand got shot in January. Prices are way too high.
Inventory of New Houses for Sale Highest since 2007. Builders Push Mortgage-Rate Buydowns, Price Cuts, and Incentives by Wolf Richter • Feb 26, 2025 • 46 Comments What homebuilder Taylor Morrison said about the costs of mortgage-rate buydowns v. actual price cuts.
Buyers Strike Crushes Green Shoots of Demand for Existing Homes, amid Surging Supply, Active Listings & Days on Market by Wolf Richter • Feb 21, 2025 • 86 Comments Demand destruction because prices are too high after the 50% price explosion during the pandemic.
The Most Splendid Housing Bubbles in America, Jan 2025: The Price Drops & Gains in 33 of the Largest Housing Markets by Wolf Richter • Feb 16, 2025 • 119 Comments 21 metros below 2022 highs: Austin, San Francisco, Phoenix, San Antonio, Denver, Sacramento, Dallas-Ft. Worth, Houston, Seattle, Tampa, Atlanta, Portland, Salt Lake, Raleigh, Charlotte, Nashville, Las Vegas, Minneapolis…
Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies & Foreclosures in Q4 2024 by Wolf Richter • Feb 15, 2025 • 68 Comments HELOC balances surged, mortgage balances barely budged: More households, more income, more housing debt.
Buyers’ Strike Continues: Pending Home Sales Drop Again while Inventories of New & Existing Homes Balloon, Especially in the South & West by Wolf Richter • Jan 30, 2025 • 81 Comments Prices are still way too high, that’s the problem in the housing market, but they’ve been dropping substantially in some cities.
Glut of New Houses for Sale in the South Is Bigger Even than during the Housing Bust. The Glut in the West Gets Close by Wolf Richter • Jan 28, 2025 • 122 Comments Prices Are Still Way too High. Something has to give.
