PPCC: Pisitófilos Creditófagos. Veranito 2025

[Elcasco]

https://www.realtor.com/news/trends/home-prices-below-asking-cotality/

More Than Half of Homes Are Selling Below Asking Price

More than half of all homes are selling for less than their asking price, as buyers gain leverage in a weaker housing market, according to a new report.

In May, total home sales were down 15% from a year ago as the national median list price held at $495,000 and mortgage rates hovered close to 7%, according to a new analysis from real estate analytics firm Cotality.

Faced with a shrinking buyer pool, sellers are beginning to feel pressure to cut prices, with 56% of homes selling below their asking price in May, the report found.

The median closing price for that month came in $45,000 lower than the typical list price, according to Cotality, signaling greater pressure on sellers to make concessions.

Despite the modest price relief, homebuyers need $200,000 more to buy the median-priced home than they would have needed 10 years ago, a burden that is keeping many buyers on the sidelines.

"Savvy buyers are now in a market that is primed for negotiations on price reduction, closing cost assistance, and mortgage rate buydowns,” says Cotality senior economist Daniel Boswell. “However, the tilt toward a buyers’ market is only a bright spot for those who have the means to make a move. For many, systemic hurdles such as interest rates and rising insurance costs remain a barrier to homeownership.”

The dearth of buyers is sending inventory up in many cities, as homes linger longer on the market, with parts of Texas and Florida seeing some of the largest year-over-year increases in inventory.

In Florida, Naples saw the biggest annual decline in home prices, which fell 15%, as sales dropped 29% and inventory rose 58%, according to Cotality.

Miami witnessed the biggest annual decline in sales, which fell 37%. But prices remained surprisingly resilient in Miami, up 7% from a year ago to a median price of $580,000, according to Cotality.

Inventory rose at the highest rate in Toledo, OH, where the number of for-sale homes jumped 128% from a year earlier. Savannah, GA, recorded a 108% increase.

Out of the 25 markets where inventory is rising the quickest, the number of home sales fell annually in all but three: Los Angeles; Lancaster, PA; and Boise, ID.

Homes for sale

There are now over 1.1 million homes for sale nationwide—the third consecutive month with over 1 million listings, according to the Realtor.com® July 2025 Monthly Housing Market Trends Report.

The amount of time homes are listed is rising, too. The typical home spent 58 days on the market—seven days longer than the same time last year.

It's the 16th consecutive month of homes taking longer to sell on a year-over-year basis, according to the Realtor.com report.

Meanwhile, sellers taking their homes off the market is on the rise. Delistings in June 2025 were up 38% year to date and 48% year over year, according to Realtor.com economists.

"This points to sellers anchored to peak-era price expectations and willing to wait rather than negotiate," says Realtor.com Chief Economist Danielle Hale.

[R.G.C.I.M.]

Si alguien ha leído mi mensaje anterior, ha sido un gran fallo mío. No hay nada de eso. Perdón. No he comprobado antes de escribir.

Lo he borrado.
Sds

[sudden and sharp]

Es la foto!…como diría alguno.

Sin duda.

El jersey está a la venta por 100$

Se lo pueden meter por el futbolín.

[senslev]

https://peterturchin.substack.com/p/cliodynamics-and-cybernetics-ii

https://freddiedeboer.substack.com/p/the-rage-of-the-ai-guy