LOWEST NUMBER OF U.S. HOMEBUYERS EVER RECORDED. YOU KNOW WHAT HAPPENS NEXT, RIGHT?

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  • Redfin estimates 966,752 to 967,000 active buyers in July.
  • That is down 2.5 percent from June and the lowest since tracking started in 2013.
  • Sellers outnumber buyers by 51.3 percent, nearly half a million more sellers.
  • Nearly 80 percent of major metros are now buyer markets.
  • High prices and mortgage rates keep pushing people out of the market.

https://www.prnewswire.com/news-releases/the-number-of-us-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor-302850656.html

https://www.newsnationnow.com/business/your-money/homebuyers-hits-lowest-level-redfin/

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