Landlords and property managers getting nervous pic.twitter.com/UloHrBRDAo
— GBR (@GayBearRes) August 14, 2025
Apartment vacancies are skyrocketing.
Never forget who warned you first. https://t.co/yeL2Yf3I0P
— Darth Powell (@VladTheInflator) August 14, 2025
Lumber prices are declining.
A leading indicator for new home construction if this trend holds.
Something to keep an eye on. pic.twitter.com/9UZAhK68UQ
— AKM (@akm515) August 13, 2025
Rising inventory and steep price cuts in South and West US metros as sellers grow desperate to offload homes
The US housing market is cooling overall with 33 out of the 50 largest metro areas seeing price cuts, and some falling more rapidly than others.
The pace and severity of the slowdown varied in July, according to new date from Realtor.com. In particular, the South and West shifted decisively in favor of buyers due to rising inventory, deeper price cuts, and homes spending longer on the market.
The housing market in the Northeast and Midwest remains steadier.
‘The housing market has cooled modestly in 2025, prompting our lowered outlook for home sales and price growth,’ said Danielle Hale, chief economist at Realtor.com.
‘But the extent and persistence of rebalancing really varies across the country, and, regionally, homebuyers and sellers are likely to experience a very different market.
‘In the South and West, we’re seeing clear signs of a shift toward buyer-friendly conditions — more price cuts, rising de-listings, and homes sitting longer on the market — which has led to sometimes sizable price adjustments.
‘Meanwhile, the Midwest and Northeast remain relatively tight, with less inventory relief and stronger pricing power for sellers.
‘This widening divide underscores how local market dynamics are driving very different experiences for buyers and sellers.’