[avidiax]

https://archive.md/i369A

Prices being high while volume is low suggests homes are overvalued.

"We may be moving away from a sellers’ market towards balance, and may be entering a buyers’ market.”

When even the NAR's chief economist says the market is softening, I think it's a safe bet that prices will weaken somewhat in the next couple of years.

[lesuorac]

> Inventory has risen the most year over year in the South, according to Realtor.com.

> Inventory remains more limited in the Midwest and Northeast.

Pretty sure it's just regional demand has decreased in certain areas. If you're buying a house in Florida (good luck with insurance) you can get a deal. If you're buying a house in a major metro area, probably still a lot of money.