ilmscore | Prediction Details
"from a sellers perspective if you're in these markets where Builders have a lot of spec inventory that they're trying to sell at discounts it's going to create uh some pressure for you and greater Cooling and softening in your own Market as some of those buyers who would have otherwise looked at the resale and existing Market turned their attention to the new market"
By BiggerPockets | March 28, 2025 | Pending
From video
A Major Turn for the Housing Market (Buyers in CONTROL) | March 2025 Update 00:24:14 - 00:24:36
Interpreted Prediction
Sellers of existing homes in markets with high builder spec inventory and discounts (e.g., Florida, Texas) will face increased pressure and market softening as buyers shift to new construction.

Prediction Details

Topic
Housing Market Conditions

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