The Housing Market Is "Softening"

"listings of houses for sale is rising in the United States."

"Houses that are listed for sale are also staying on the market longer."

"we're now starting to see more foreclosures on the rise."

"On the supply side, we are seeing a clear increase in the number of houses for sale."

"demand is not growing. It's kind of at a standstill until people have a better understanding of what might be happening in the economy with tariffs."

"The president wants the Federal Reserve Bank to cut interest rates, which would push mortgage rates lower."

"The Federal Reserve Bank says that they don't want to cut interest rates. President Trump says he wants to see interest rate cuts."

"When supply outpaces demand, housing prices fall."

"right now we are seeing supply go up while demand is kind of at a standstill."

"Once we have a better understanding of what's happening in the economy and once we understand if and when the Federal Reserve Bank is going to be cutting interest rates on the supply side, keep an eye on how many people are selling their houses and how many houses are entering the market and how many new houses are being built plus the foreclosures."