June 6, 2025 - 00:06
The U.S. housing market is undergoing a substantial transformation, marked by a notable increase in the number of homes available for sale compared to the number of active buyers. Recent reports indicate that there are nearly 500,000 more homes listed on the market than there are buyers looking to purchase, creating the widest gap observed since 2013.
This shift is prompting changes in market dynamics, as sellers may need to adjust their pricing strategies to attract buyers in a more competitive landscape. The increase in inventory is attributed to various factors, including rising interest rates and economic uncertainties that have led potential buyers to adopt a more cautious approach.
As this trend continues, experts suggest that both buyers and sellers will need to navigate the evolving market conditions carefully. Buyers may find more options available, while sellers might face challenges in closing deals as demand softens. The coming months will be crucial in determining how these shifts will influence overall market stability.
July 21, 2025 - 22:18
Stow Resident Falls Victim to Real Estate Scam, Loses Over $1,000In a troubling incident, a woman from Stow has reported losing a significant amount of money in a real estate scam. The victim made several payments totaling $1,102 through a mobile banking app...
July 21, 2025 - 03:51
Essential Financial Preparation Before Purchasing Your First Rental PropertyMost people buying their first rental property are underprepared, and not in the way they think. Before you make your first payment, there`s one thing you need: a solid financial cushion. This...
July 20, 2025 - 18:41
New Jersey Increases SALT Deduction Cap to Benefit HomeownersA recent legislative change in New Jersey has raised the SALT deduction cap from $10,000 to $40,000, offering significant financial relief to homeowners across the state. This adjustment is...
July 20, 2025 - 01:50
Granite Real Estate Inc. Announces Monthly Dividend PaymentGranite Real Estate Inc. has declared a monthly dividend of $0.21, reaffirming its commitment to returning value to shareholders. The announcement was made on July 18th, with the company set to pay...