US Housing Market Shifts to Buyers: Slower Sales, Price Cuts, and Creative Financing in 2024
About this episode
The episode discusses the current buyer-friendly trends in the US housing market, including slower sales and price adjustments.
The US housing market over the past 48 hours has remained a buyer-friendlier, slower-moving market than the peak years of 2021 and 2022, with mortgage rates still near 6.5% and homes taking longer to sell. Freddie Mac data cited this week shows rates have stayed stubbornly around that level for six weeks, while Redfin says the median home sat on the market 49 days in May, up three days from a year earlier[1]. The clearest shift is in consumer behavior. Buyers are waiting longer, comparing more listings, and showing more willingness to negotiate on price and concessions rather than rushing to bid aggressively[1]. Berkshire Hathaway’s latest market commentary says older listings should not automatically be treated as a red flag, because longer market times often reflect weak demand and overambitious initial pricing rather than hidden property problems[1]. Price pressure is also becoming more visible. Realtor.com data referenced in recent reporting says homes listed for more than four weeks lose seller leverage, and price cuts become more common as listings age[1]. Broader affordability remains strained, with one recent housing roundup citing a nationwide shortage of about 1.5…
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- US Housing Market Shifts to Balance: Slower Prices, Affordable Housing Focus in 2026
- US Housing Market Shifts to Balance as Mortgage Rates and Prices Squeeze Buyers
- US Housing Market Mid-2026: Cooling Prices, Growing Inventory, and the Affordability Crisis
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