Home sales stall despite lower mortgage rates, signaling a market shift favoring buyers over sellers.

Despite falling mortgage rates, home sales are not improving, raising concerns about potentially lower house prices in the future. The market is shifting from favoring sellers to buyers, with homebuilder stocks down and the time to sell a home increasing. Builders are struggling to boost demand even with incentives, suggesting price cuts might be the next step. This shift could provide opportunities for homebuyers to enter the market without facing high prices and bidding wars.

March 01, 2025
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