Second-home purchases have plunged

[rcjordan]

down roughly 5% from a year earlier and 66% from the pandemic homebuying frenzy


https://www.axios.com/2025/05/31/second-home-mortgages

[Travoli]

Adjacent headline: Home Sale Cancellations Surge to Near Record Highs

https://www.newsweek.com/home-sale-cancellations-surge-near-record-highs-2076967

[ergophobe]

Yeah... my dad's house in a ski town just went on the market. Crickets.

[Travoli]

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