The U.S. housing market is sending a message that buyers, sellers and homeowners should pay attention to: the balance of power is changing. Home prices have not collapsed. Inventory is growing. Buyers have more choices. Sellers are increasingly negotiating. And mortgage rates remain the biggest obstacle keeping many Americans from making a move. The latest data from Zillow and Redfin paint a picture of a housing market that is neither booming nor crashing. Instead, America appears to be moving through…
MarketNational
The U.S. Housing Market Is Shifting — But It Isn’t Crashing
Inventory is rising, buyers have more negotiating power and sellers are cutting prices, but elevated mortgage rates continue to limit U.S. housing demand.
