Your Money Minute Is The Home Buying Market Turning 9/5/25
Sep 5, 2025
Listen in as the podcast explores the shifting trends in the real estate market. Home selling times are increasing, and prices are on a decline. Hear about the rise of all-cash transactions, making waves in regions like Texas and Florida. The discussion unveils what these changes mean for potential buyers, providing valuable insights to navigate the evolving landscape.
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Market Showing Early Cooling
- Homes for sale sat longer this summer and sellers began cutting asking prices.
- Days on market rose both month-over-month and year-over-year, signaling cooling demand.
All-Cash Buying And Price Stagnation
- All-cash purchases climbed to 31% of transactions, an unusually high level.
- The median home price rose only 0.2% year-over-year in July, hinting at a potential turning point.
Redfin CEO On Summer Inventory Pileup
- Glenn Kelman observed a summer inventory pileup where it became hard to sell houses for the first time in years.
- He pointed out price softening, notably in Texas, Florida, and other Sunbelt markets.