Slow moving housing cycle – but direction is clear and cyclical – RE cycles are long & slow esp when Fed refused to tighten further.
— Don Johnson (@DonMiami3) June 18, 2025
Fascinating read about the growing housing bust in the Sunbelt cities.
Inventory is flooding the market and there are no sellers to be found. pic.twitter.com/2MxChq6BQG
— QE Infinity (@StealthQE4) June 18, 2025
We need more housing inventory and builders are petrified to build because inventories are rising.
Bad combo. What we really need is more AFFORDABLE housing inventory.
There’s plenty of buyers out there but prices are too high relative to where mortgage rates are. https://t.co/X8Yymynj4G
— QE Infinity (@StealthQE4) June 18, 2025
Home seller sentiment continues to decline in Dallas.
It's like a slow burn realization of just how far the market has shifted with a dose of anxiety about the growth in inventory.
I've never seen anything like this before.
Even during the summer of 2020, there was a lot of…
— AKM (@akm515) June 17, 2025
Much of SWFL remains in what I call "correction-mode"
Take this Cape Coral, FL home
Sept. 2019 -> Bought for $223,245
March 2022 -> BofA values the home @ $371,229
Nov. 2023 -> Home is listed for sale @ $350,000
*many price cuts later*
June 2025 -> For sale @ $280,000 pic.twitter.com/6lDuVmjZr4
— Lance Lambert (@NewsLambert) June 17, 2025
LOL people don't get it pic.twitter.com/wrkFMk9WLS
— Darth Powell (@VladTheInflator) June 17, 2025
Canadians really look this chart and still say there’s no housing crash. pic.twitter.com/dqNYjGyYn9
— red pill rick (@igetredpilled) June 18, 2025
Mortgage demand drops, even as rates fall to the lowest since April
- The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.84% from 6.93% last week.
- Mortgage demand from homebuyers fell 3%
- Demand to refinance a home loan dropped 2%