Navigating the Market: Why Are Home Purchase Cancellations on the Rise?
As a homebuyer, it’s crucial to understand the current dynamics of the real estate market. Recently, a notable trend has emerged: a record number of home purchase agreements are falling through. This isn’t a reason to panic, but it is a reason to be prepared and have an expert on your side. Let’s break down […]
Soaring Inventory and Record Price Cuts Create New Opportunities
According to new research from Zillow, housing inventory has reached its highest level in more than five years. A significant slowdown in buyer demand has more homes for sale now than at any time since 2019. This shift is creating a more balanced market , giving buyers newfound leverage that has been missing for years. While sellers have […]
More Sellers Than Buyers: How It Could Impact Your Next Home Purchase
A recent Redfin report reveals a significant shift in the housing market that could create new opportunities for homebuyers in 2025. For the first time in over a decade, there are nearly 500,000 more home sellers than buyers—the largest gap since Redfin began tracking this data in 2013. Key Takeaways for Homebuyers: Buyer’s Market Conditions […]
Tagged 2025 housing marketbuyer’s markethomebuyer tipsmarket updateMJ Mortgagemore sellers than buyersmortgage insightsSal TrapaniTexas mortgage broker