The American ethos places way too much importance on having a house. Sometimes it makes sense, sometimes it doesn’t.
Right now it doesn’t from a rent vs buy perspective, especially if you need to take out a mortgage. It might in a few years after prices mean revert. pic.twitter.com/aweWIcMS1h
— Tobias Maximus (@tmaxftw) July 17, 2025
Realtor.com is reporting a 47% surge in delistings on the U.S. Housing Market in 2025, suggesting that some sellers are no longer interested in selling their house. The result is slowing inventory growth in some metros, and is causing some to question if the housing market downturn could stop due to this seller delisting.
The metros with the biggest delistings include Phoenix, Tampa, and Miami, according to the Realtor.com data. Sellers in these markets are delisting homes because prices are dropping, and they cannot get the price they want for their house.
Reventure’s analysis suggests that these sellers could be in for a rude awakening when they go to re-list their home in 6-12 months, as values are forecast to drop across Florida by -6.4% over the next 12 months, as well as many other Southern states.
—