Housing Burning Down? Buyers aren't Buying, Sellers are Giving Up!

Buyers finally have leverage. Sellers are offering concessions, October may be a prime deal window in major metros, and more markets are tilting toward buyers. So why are Americans moving less than ever, mortgage rates are back over 7%, and home prices are still rising? The housing market is giving buyers more negotiating power without giving them much affordability. In Episode 378, we're looking at that contradiction, what higher rates are pushing buyers to do, and why a "buyer's market" does not necessarily mean an easy market to buy in. \*\*In this live episode, we'll cover:\** • Why October may offer some of the best negotiating opportunities of the year in major U.S. metros, and what "best time to buy" actually means. • Seller concessions are becoming increasingly common as buyers gain leverage and sellers compete harder to get deals closed. • Home prices are still rising nationally, another reminder that a buyer-friendly market does not automatically mean falling prices. • Mortgage rates are back above 7%, nearly 10% of borrowers are turning to adjustable-rate mortgages, and affordability pressure is changing how buyers finance homes. • Americans are moving less than ever. We'll look at how housing costs, mortgage-rate lock-in and staying put can affect more than just real estate. • Seller impersonation fraud attempts have more than doubled in two years, creating a growing problem agents, sellers, buyers and title companies need to understand. • Zillow is expanding Preview listings across Realtor.com and RealScout, pushing pre-market listings onto an increasingly broad audience and adding another wrinkle to the industry's fight over how listings should be marketed. • AI adoption among Realtors continues to climb while Coldwell Banker Realty rolls Compass' Home Platform out to thousands of agents. Real estate technology is moving from optional tools toward the infrastructure agents actually run their businesses on. Are buyers really gaining the upper hand in your market, or are rates and monthly payments still keeping them sidelined? Join us LIVE and add what you're seeing to the conversation. \*\*ABOUT tWiRE\** tWiRE - This Week in Real Estate is a live real estate news show examining the biggest stories shaping housing, real estate, mortgage lending, brokerages, agents, buyers, sellers, and the industry. #HousingMarket #MortgageRates #realestatenews