The US housing market is on an epic roller coaster ride, with nearly a quarter of homes experiencing price cuts in June, the highest rate for this time of year since 2018, according to Zillow. High costs and rising inventory are leading to easing competition, helping buyers regain their footing. Zillow's June report highlighted that 24.5% of home listings faced price reductions due to cooler competition and changing market dynamics. Although booming construction has alleviated some of the supply crunch, inventory is still below pre-pandemic levels. The demand-supply imbalance has now been the smallest since 2020, with the lowest monthly growth rate since 2011 for June. While prices continue to rise, the appreciation rate has slowed, diminishing the seller's market advantage. Regionally, buyers' markets have emerged in Southern cities like New Orleans, Miami, Austin, Jacksonville, and Tampa, driven by high prices and insurance costs pushing buyers out.

➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee... For A Collaboration Video For Your Affordable Housing Option Or Comp. https://www.kristinasmallhorn.com/req...

➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h.... LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.

If you wanted to buy or sell a house, a significant fee was typically around 6% of the house's price, split between both sides of the real estate transaction. However, that's changing. In November, the housing market was shaken by a $1.87 billion lawsuit. The National Association of Realtors (NAR), representing over a million real estate agents, decided to settle multiple lawsuits by agreeing to pay $418 million and implement changes to reduce these high fees. They will no longer require agent fees to be listed on house listings, theoretically making buying and selling houses cheaper. This change could potentially lower real estate agent fees by 25% to 50%, allowing various services that assist with buying and selling houses to compete more effectively. As a result, houses could become more affordable for everyone. Many people are excited about the prospect of new, more cost-effective methods for buying and selling houses, benefiting both buyers and sellers.

➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee... For A Collaboration Video For Your Affordable Housing Option Or Comp. https://www.kristinasmallhorn.com/req...

➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h.... Please Feel Free To Drop Me A Email At Info@Kristinasmallhorn.com

LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.

Today we will break down the latest insights from media experts on the housing market, emphasizing that a crash is unlikely. Key factors include strong economic outlooks, job growth, and a shortage of housing supply. Nowhere do these experts mention higher property taxes and homeowner insurance. Despite higher mortgage rates, demand outpaces supply, and lending standards remain strict, reducing risky mortgages. We'll also cover potential signs of a market shift, what a crash could mean for buyers and sellers, and tips for preparing for market changes.

➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee... For A Collaboration Video For Your Affordable Housing Option Or Comp. https://www.kristinasmallhorn.com/req...

➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....

LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.