Mortgage Broker specializing in home loans, jumbo loans, physician mortgages, real estate investor financing, DSCR loans, FHA, VA, USDA, conventional loans, refinancing and adjustable-rate mortgages
A Surplus of Sellers Amid Affordability Challenges
June 7, 2025
By theresa rolen
The Switch To a Buyers Market...
As of June 2025, the U.S. housing market has transitioned into a buyer's market, with approximately 500,000 more home sellers than buyers—a 33.7% surplus, the widest gap on record since 2013. Despite this shift, affordability remains a significant hurdle due to high home prices and mortgage rates, particularly impacting first-time buyers.
Why This Matters
The current market conditions present both opportunities and challenges. While increased inventory can benefit buyers, affordability issues may deter potential purchasers. As agents, it's essential to guide clients through these complexities, setting realistic expectations and providing strategic advice to navigate the market effectively.