Is the housing market actually getting more balanced, or are we just seeing a slowdown?
▲ 4 r/u_TJForeclosure+2 crossposts

Is the housing market actually getting more balanced, or are we just seeing a slowdown?

I recently had a conversation with a South Florida real estate agent friend about what he's seeing with buyers and sellers right now, and it got me thinking about how different the market feels compared with the COVID-era housing boom.

Inventory is increasing in many markets, homes are sitting longer, and buyers seem to have more room to negotiate. At the same time, sellers who are still pricing based on what their neighbor got 2–3 years ago can have a very different experience.

We also talked about something I found interesting: whether a more balanced market could bring more attention back to pre-foreclosures, distressed properties, short sales, and off-market opportunities.

I put together the conversation and key takeaways here:

The Housing Market Is Shifting: How Buyers, Sellers & Agents Can Win in Today's More Balanced Market

For those of you actively buying, selling, or investing right now... what are you seeing?

Are buyers actually getting more leverage in your market, or does it still feel like a seller's market?

u/Bruhemia — 7 days ago
▲ 4 r/FloridaRealEstate+1 crossposts

Really interesting interview about default, FHA, vacancy, inventory surplus myth, foreclosures, and the ‘Silver tsunami’! It’s WILD! Do you think Meledy Wright is correct about the housing market?

I’m currently trying to sell my Parent house in south east Florida and having trouble since we listed in January. Seems like a lot of people listed at the same time and the market has been completely frozen since the end February.

It feels like we’re in a bidding war to lower prices between all of the listings in the neighborhood. Given it has a high HOA, seems like people just stopped buying and inventory seems to be stacking quickly in this area..

It almost seems like default and distress assets are the only play in this market. Where do you think we’re heading this summer?

u/Bruhemia — 4 months ago