This is a major signal. Homes sitting on the market for 47 days longest in 6 years isn’t just about high mortgage rates. It’s about liquidity freeze in the real economy. Buyers can’t afford to stretch, sellers don’t want to cut, and volume is collapsing as a result.
This kind of… https://t.co/E8sPDxFwNH
— EndGame Macro (@onechancefreedm) April 17, 2025
The Big Short Part 2 pic.twitter.com/jljBPoFUMb
— John Trades MBA (@JPATrades) April 18, 2025
The government is artificially manipulating the housing market.
1. Offering 30 year loans
2. Guaranteeing loans with taxpayer money
3. Buying mortgage loans to artificially lower rates to inflate prices
4. Modifying loans to hide defaults
5. Modifying loans to hide delinquencies— Darth Powell (@VladTheInflator) April 17, 2025
SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — The typical U.S. home that went under contract in March was on the market for 47 days—the longest period for any March since 2019. That’s according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. By comparison, the typical home was selling in under half that time during the peak of the pandemic homebuying frenzy.
March marked five years since the coronavirus was declared a pandemic, and many U.S. housing metrics are returning to the levels seen just before or during the early days of the pandemic—when the housing market was moving slowly. Roughly one-quarter (27%) of homes sold for over their list price last month—the lowest March share since 2020.
Homes are taking longer to sell and attracting less homebuyer competition because supply is climbing, demand is sluggish and some properties are overpriced. Meanwhile, demand is sluggish because economic uncertainty and high homebuying costs are giving house hunters pause.
The good news for buyers is that because supply is climbing, price growth is slowing.