Is the U.S. Housing Market in Its Longest Homebuyer Recession Ever?
The U.S. Housing Market in Its Longest Homebuyer Recession is facing another problem that could last far longer than today’s mortgage-rate shock. Pending home sales fell another 2.3% in July and remain roughly 33% below pre-pandemic norms. Contract signings have now stayed depressed for longer than during the entire 2008–2011 housing downturn, while mortgage applications […]
Florida Housing Downturn Enters a New Phase. Airbnb Seller Takes a $204,000 Loss.
A fully furnished, seven-bedroom Airbnb near Disney is now being offered for $204,000 less than its 2023 purchase price. The owner bought the Florida property near the peak for approximately $694,000. Today, it is listed for just $490,000—a decline of nearly 30% in only three years. And this isn’t an isolated fixer-upper in poor condition. […]
U.S. Mortgage Applications Fall Below 2008 Levels. Demand Is Down 40%.
U.S. Mortgage Applications remain one of the clearest warning signs for the housing market, and the latest data suggests buyer demand weakened sharply at the end of July. Purchase applications stayed roughly 40% below normal levels, while buyer sentiment deteriorated further and pending home sales lost momentum. As a result, Reventure’s Housing Demand Index dropped […]
Savannah, GA Home Value Growth YoY Dropped to 1% as Inventory Increases to 1,984 in 2025
The Savannah housing market is experiencing a slowdown, with home value growth YoY declining to just 1% in 2025. This deceleration indicates a cooling market, as inventory levels surge to 1,984 homes for sale. The increased supply suggests a shift towards a buyer’s market, where longer listing periods and heightened seller competition will lead to […]
