What's New! 500,000 More Sellers than Buyers

Did you see this headline?
Redfin recently reported there are now 500,000 more home sellers than buyers — a milestone we haven’t seen since 2013.

So… is that a good thing?
In our opinion: yes. It signals a shift toward a buyer’s market — something we’ve seen bubbling up in states like Florida, Arizona, and parts of Texas for nearly two years.

While some markets were still experiencing bidding wars, others were quietly stacking up inventory. Now, more regions are catching up — and it’s getting the Federal Reserve’s attention.

Why does this matter?
Because the Fed responds to national economic conditions. When just a few local markets were cooling off, the Fed held its ground. But now, with buyer hesitancy growing nationwide, there’s more pressure for rate cuts.

This kind of macro shift could mean:

• More negotiating power for buyers
• Price stabilization
• And potentially, lower mortgage rates ahead

We’re watching this closely — and helping clients across New Jersey make smart moves, no matter the market.

💬 Curious what this means for your local neighborhood? Let’s talk.