Archive · 19 Jun 2025
Real Estate Market Shifts Toward Buyer's Advantage
The housing market is changing!
After a time when it was easy to sell a house, it's now becoming easier to buy.
There are more houses for sale than people wanting to buy them, especially in certain areas.
Some sellers are even lowering prices or offering to fix things to make their houses more attractive.
However, houses are still expensive overall, so even with these changes, it's tough for many people to afford to buy a home.
It's a bit like a game of musical chairs where there are fewer buyers.
The U.S. is experiencing a shift to a buyer's market in residential real estate.
Sellers now outnumber buyers by nearly 500,000, the largest gap since 2013.
While the median home price rose in April, some areas see price cuts to attract buyers.
Inventory is increasing in the South and West, with homes staying on the market longer.
High prices keep homeownership out of reach for many, despite market changes.
- Who
- Homebuyers and homesellers.
- What
- A shift from a seller's market to a buyer's market in real estate.
- When
- The shift is happening in the present.
- Where
- Across the U.S., with specific mentions of Florida, Texas, New York City suburbs, the South, West, and Phoenix area.
- Why
- Due to an imbalance in supply and demand, economic uncertainty and high prices.
Perspective 1: Buyers benefit
Perspective 2: High costs remain a problem
Market Power
Perspective 1: Buyers benefit
Buyers have more leverage, can negotiate, and sellers are more willing to make concessions to attract buyers.
Perspective 2: High costs remain a problem
Even with shifts towards a buyer's market, prices are still high and unaffordable to many. Some also feel buyers are priced out of homeownership.
- Buyer-Seller Gap
- Largest since 2013
- Median Home Price (April)
- $414,000
- Price Increase (Year-over-year)
- 1.8% (April)
- Market areas
- Florida, Texas, New York City suburbs, the South, West, and Phoenix area
- Homes unsold in Phoenix area
- More than 26,000