Home Sellers now outnumber Buyers by 630,000, the largest gap ever recorded 🤯👀 x.com/Barchart/status/20872980…
· 230K Views
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Home Sellers now outnumber Buyers by 630,000, the largest gap ever recorded 🤯👀 x.com/Barchart/status/20872980…
· 230K Views
@Barchart Solid data — 630k gap is the largest on record. Chart makes it crystal clear. Appreciate the share.
@Barchart everyone sees falling prices, but the real story is how locked in mortgage rates freeze the whole supply chain solid
@Barchart Are you watching this as a seller stuck waiting, or a buyer who finally has room to negotiate?
@Barchart UK is similar... a lot of sellers can't find buyers at their price
@Barchart just saw a video from my local market and in about 15 hot areas homes stay on the market for less than 7 days. real estate is local.
@Barchart oh no! housing becoming affordable? quick, politicians, subsidize demand to pump the price!
@Barchart And yet I just helped my buddy build a house and sell it before it was completed 👀 You just gotta know the market 😉
@Barchart Would be very good to see house prices more affordable for all. Housing is now a business, that's why most cities don't have affordable homes.
@Barchart Prices must come down. Sorry you got taken for a sucker but that’s a you problem.
@Barchart @PeterSchiff ☝️ You’re underestimating this move
@Barchart I wonder if the sellers are motivated or casually seeking high profits while being content? If the labor market weakens Sellers might become motivated as Buyers continue to drop off.
@Barchart @PeterSchiff Lol! As a buyer right now, I see the exact opposite situation! Unless you are in FL or TX, still a sellers market
@Barchart @grok where can I find the original clearer image shown in this posting? The image address here is pbs.twimg.com/media/HPeSd1fWIA…
@Barchart So why are the prices so high…. Even snoop dog is baffled
@Barchart Large houses, not selling UK either
10 replies whose parent comment X withheld
@Jed_Bratt @Barchart It’s that covid hangover the housing market seems to be experiencing…
@HartSlager @Barchart Yeah.. I zoomed into Chicago, had no idea it was this hot right now x.com/nick_tenantry/status/208…
@DaximusIII @Barchart Interest rates only going up too.. crazy. Starting to see some downward pressure on prices though.
@AurumFlowApp @Barchart Yeah. If they lower rates inflation gets worse, raise them they might pop the housing bubble. Not an easy position for the economic managers
@davemauFIVE @Barchart The second quarter of 07 is when the adjustable rate kick in and then default will skyrocket
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