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@ mattaroo
2025-05-30 19:55:44
https://image.nostr.build/0c505fe8b630e89c5c39172f860e277ec00ca65075e4410e916e6119a939c8d3.png
The chart highlights a historic shift in the U.S. housing market toward buyers in April 2025, with nearly 500,000 more sellers than buyers—the largest gap in decades. This suggests - NOBODY BUYING, EVERYONE SELLING which will drive a cooling RE market. In order to sell sellers may need to lower prices. Youth have no cash to buy nor can afford high mortgage rates. I also have a theory that people are selling real estate to buy hard assets like BTC and TSLA - and renting instead or even downsizing their homes.
Source: Invest Answers