Two contradictory trends are reshaping America's housing market right now. Have you noticed?
Mortgage rates have dropped to 6.63% and applications are up 7%, yet pending home sales have mysteriously fallen 6% year-over-year. This puzzling disconnect reveals a market at a psychological inflection point - where buyer interest doesn't translate to completed transactions.
After years of extreme inventory shortage, housing supply is making a remarkable comeback - with active listings increasing 9.3% and months of supply climbing to 4.1 months. This supply revolution is quietly shifting power back to buyers in ways we haven't seen since before the pandemic.
But does this mean we're headed for another housing crash? The answer might surprise you when you see how dramatically different today's homeowners are positioned compared to 2008...
Are We Heading For A Crash?
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