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Here we go again – homeowners are pulling their properties off the market rather than dropping prices, creating a housing deadlock that's making everyone scratch their heads. With 38% more delistings since the start of 2025 and sellers sitting pretty on their 2-3% mortgage rates, they're basically telling buyers "take it or leave it." Meanwhile, thanks to the Biden-era housing price explosion and the "transitory" inflation that's still hanging around like a bad houseguest, first-time buyers are priced out of starter homes that somehow cost $1-2 million. Remember when they told us all that government spending would reduce inflation? How's that working out? We're still dealing with the aftermath of dumping trillions into an overheated market while being told it was all temporary. Is anyone surprised that mortgage rates are stuck above 6% when we're still cooling off from that inflation bonfire? What's it going to take – a good old-fashioned recession – to get this market moving again? Drop a comment and let me know what you think happens next. Don't forget to subscribe and hit that notification bell!
By Sean ReynoldsHere we go again – homeowners are pulling their properties off the market rather than dropping prices, creating a housing deadlock that's making everyone scratch their heads. With 38% more delistings since the start of 2025 and sellers sitting pretty on their 2-3% mortgage rates, they're basically telling buyers "take it or leave it." Meanwhile, thanks to the Biden-era housing price explosion and the "transitory" inflation that's still hanging around like a bad houseguest, first-time buyers are priced out of starter homes that somehow cost $1-2 million. Remember when they told us all that government spending would reduce inflation? How's that working out? We're still dealing with the aftermath of dumping trillions into an overheated market while being told it was all temporary. Is anyone surprised that mortgage rates are stuck above 6% when we're still cooling off from that inflation bonfire? What's it going to take – a good old-fashioned recession – to get this market moving again? Drop a comment and let me know what you think happens next. Don't forget to subscribe and hit that notification bell!