In the West, Inventory of New Houses for Sale Jumps to Highest since 2007. In the South, it’s Bigger than During Housing Bust by Wolf Richter • Mar 25, 2025 • 87 Comments Bring on the supply of new houses! Prices drop, as homebuilders try to sell the inventory, but are still far too high.
Where Condos Already Came Unglued: 10 Big Cities with Price Drops from 10% to 22% from Peak by Wolf Richter • Mar 21, 2025 • 80 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.
