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Major home builder Lennar has cut prices by 24% due to a significant buildup of unsold inventory, signaling a market correction. With a 9.7-month supply of homes, builders are offering deep discounts and mortgage incentives, especially in oversupplied regions. Buyers may find new opportunities, but the extent of future price drops remains uncertain.
A record number of previously delisted homes are relisting in January, signaling a potential shift in the housing market. This surge, driven by stabilizing mortgage rates and renewed seller confidence, could bring much-needed inventory back to the market for eager buyers.
A record 45,000 previously delisted homes were relisted in January, signaling renewed seller optimism. However, overall housing supply remains significantly below pre-pandemic levels, creating a complex market dynamic.
The U.S. South is seeing a significant surge in housing inventory and early signs of price declines. This shift, driven by factors like rising interest rates, presents new dynamics for buyers, sellers, and investors.
U.S. home values have declined for six consecutive months, with early 2026 data from Zillow showing a market shift favoring buyers. Increased inventory and longer market times are providing more opportunities, particularly as the condo market experiences a significant correction.
