The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on May 31, 2025, 01:26:16 PM

Title: Second-home purchases have plunged
Post by: rcjordan on May 31, 2025, 01:26:16 PM
down roughly 5% from a year earlier and 66% from the pandemic homebuying frenzy


https://www.axios.com/2025/05/31/second-home-mortgages
Title: Re: Second-home purchases have plunged
Post by: Travoli on May 31, 2025, 04:40:31 PM
Adjacent headline: Home Sale Cancellations Surge to Near Record Highs

https://www.newsweek.com/home-sale-cancellations-surge-near-record-highs-2076967
Title: Re: Second-home purchases have plunged
Post by: ergophobe on June 01, 2025, 12:55:58 AM
Yeah... my dad's house in a ski town just went on the market. Crickets.
Title: Re: Second-home purchases have plunged
Post by: Travoli on June 01, 2025, 07:23:53 PM
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall.

https://investors.redfin.com/news-events/press-releases/detail/1341/the-u-s-housing-market-has-nearly-500000-more-sellers