Top of Mind Are we seeing the first “bad economy sellers” in 15 years? (3/17/25 Market Update)
21 snips
Mar 18, 2025 Explore the shifting dynamics of the U.S. housing market as high mortgage rates collide with rising inventory. Discover how these economic changes are altering seller behaviors, leading to potential new trends in home sales and pricing. Gain valuable insights into what buyers and sellers need to navigate this evolving landscape.
AI Snips
Chapters
Transcript
Episode notes
Interest Rate Impact
- Rising mortgage rates slow home buyer demand and increase inventory.
- These conditions have defined the housing market for the last three years.
Macroeconomic Shifts
- Macroeconomic shifts like new trade and immigration policies, reduced spending, and rising unemployment are impacting the housing market.
- These factors bring recession talk back to the forefront.
Shifting Market Dynamics
- For the past 15 years, lower interest rates reliably increased housing demand due to a growing economy and low unemployment.
- Now, with a potential economic downturn, supply might increase faster than falling rates can stimulate demand.