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They have to pay off their credit card debt, and buy fuel and groceries somehow...

Just make sure that no sellers lower their asking price! Just keep waiting and praying and that house will sell!! 🤡

That requires sellers to become distressed... We aren't there yet but I imagine if the stock market goes pop there will be a lot of over leveraged homeowners who will quickly find themselves in distress.

Does data center construction hurt home buyers? "...big tech firms are borrowing huge amounts of cash to plow into data center construction...higher interest rates..." Does every politician who supports data centers hurt Americans who wish to buy a home? www.latimes.com/business/sto...

Yet the prices do not fall.

43% of all houses on the market dropped 1% to 3% in price. That's not enough to overcome 7.5% mortgage rates. So we'll see what happens next.

Do markets still work? Will prices adjust down to clear the market matching supply to demand?

I know what is coming

We are already in a housing recession, the numbers will just take a while to filter through.

hottest economy

Yet, with current interest rates and the affordability crisis, no one could ever call this a buyers market.