Sellers Outnumber Buyers by 47%
- Chris Mackey
- Jan 23
- 1 min read
The Buzz is a regular summary of housing market news and data driving our decision-making at BlueBid.
Here's the Buzz for the week of January 23, 2025:
Newsweek breaks down President Trump's recent executive order - which aims to to prevent corporations from buying single-family homes - and what it means for the housing market.
Redfin observes home sellers outnumbering buyers by a record 47.1%, and the imbalance is strengthening buyers' bargaining power.
Fast Company reviewed 24 home price forecasts, and the average prediction calls for a 1.43% increase in US home prices in 2026.
Following a drop in mortgage rates last week, HousingWire says refinance demand soared 20%.
BlueBid has observed robust off-market activity in recent weeks, and we now have more than 26,000 pre-market homes on our platform.
Have a great week.
Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.
