September’s decline leaves originators competing for fewer purchases, while rising borrowing costs and limited new listings keep affordability under pressure
Tagged: Housing Inventory
Sellers are cutting asking prices, but near-record monthly payments continue to squeeze buyers and limit purchase demand
Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power
NAR reports September’s sales pace remained below 4 million, while more inventory gave buyers negotiating room and higher rates weighed on the outlook for demand
Realtor.com projects older owners will release 13.9 million homes over the next decade, with most of the added supply concentrated in three- and four-bedroom properties
More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025
The institutional-investor cap may grab headlines, but permitting, construction costs, and local building activity will have a much bigger say in how much inventory originators have to finance
Redfin counted 58% more sellers than buyers in August, but national home prices still increased as equity-rich owners resisted steep discounts
Des Moines and Raleigh lead Realtor.com’s metro rankings as housing supply and borrower purchasing power increasingly divide local markets
Eight of LendingTree’s 10 leading growth markets are in the South, but more residents and housing do not automatically produce more closings