Housing Market Flip

Member since 2026 · 26 posts · 10 votes

My team and I have noticed a little shift in the market recently. It seems like people are eager to get their house sold and buyers less urgent to purchase. It's slowly becoming a buyer's market. Supply is going to be booming I believe! Is this what y'all are noticing as well? Or just something happening in the Nashville area?

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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
2mo
Here in the San Fernando Valley area, CA I am noticing a lot more lopsided deals.. The people that bought when rates hit an all time high (7-close to 8% on conforming loans) looking to sell sometimes owe more than what they are home is worth. So when it comes to sell, they have to bring cash to close, or net a very little amount of money.
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Tabish Masood
Investor · Sterling, VA · Member since 2026 · 89 posts · 48 votes
2mo
I’m seeing something similar in a lot of markets. It doesn’t necessarily mean prices are falling—it often means buyers have more leverage. Properties that are priced correctly and move-in ready still sell, while anything overpriced tends to sit longer and see price reductions.
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