Buyer Cancellations Hit All-Time High (Perfect Buying Signal?)
Description
Successfully navigating today's housing market requires understanding the trends creating both opportunities and risks for investors. But what if varying data points in different directions?
While the national average home price hit a new record high, prices in more than one third of major U.S. housing markets are now declining, particularly in Florida and Texas where some areas face crash-level drops. Meanwhile, new construction starts are slowing as builder confidence erodes and contract cancellations have reached 15%, signaling a shift toward buyer leverage.
Host Dave Meyer breaks down what these mixed housing market signals mean for real estate investors on this episode of On The Market.
Links from the Show
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