New data from the National Association of Realtors show a significant decline in pending sale contracts on the U.S. Housing Market. This is the biggest drop since 2022, and a signal that the U.S. Housing Market correction is gaining steam.
Access the data for your area now on Reventure App: https://www.reventure.app
Mainstream news sources such as Bloomberg, Zillow, and Redfin are now all admitting the U.S. Housing Market is heading towards a correction in 2025. Listings are up and now sellers are cutting prices at the highest level in 10 years, especially in cities like Tampa, Phoenix, and Las Vegas.
Home builders are also cutting prices, such as Lennar and DR Horton. These builders are leading the downturn in Sun Belt states where the inventory of homes for sale has spiked most. However, normal sellers are now also cutting prices at high rates in these states as well.
---
REVENTURE APP: https://www.reventure.app
Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/