Headline prices look fine on paper, but anyone actually trying to move a house right now will tell you the same thing: showings are dead, buyers have zero urgency, and homes are sitting.
The breakdown from August:
- Transactions took a hit: SABOR sales dropped 6.7% in a single month.
- Homes took longer to sell: Average days on market pushed out to 82 days.
- Inventory shrank: Sellers aren’t getting desperate; they’re just giving up and pulling off the market.
It’s a classic standoff. Buyers hate today’s rates 💳, sellers refuse to give up yesterday’s low mortgage 🔒, and political/economic uncertainty has everyone frozen in place.
It’s not a crash just a high-stakes pause
