Sellers Struggle as Housing Market Slump Deepens

After years of soaring home prices and bidding wars, the housing market is shifting—and sellers are feeling the pinch. A persistent lack of affordable inventory, rising active listings, and cautious buyers are forcing many sellers to lower prices or walk away from deals altogether. In hot markets like Austin, Miami, and Denver, listing prices have dropped by as much as 5%, with many homes lingering unsold for months. While buyers in some areas now hold the upper hand, the national housing slump continues, with sales still trailing last year’s historic lows and affordability keeping many on the sidelines.