🚨 THE U.S. HOUSING MARKET CRISIS IS ALMOST HERE.
Home sales are near 2009 crash-era levels, but prices are still close to record highs.
And the numbers are getting worse.
U.S. home sellers now outnumber buyers by a record 58%, with buyer numbers hitting their lowest level since 2013.
Mortgage rates are above 7.3%, pending home sales have fallen 4%, and a record 14.5% of purchase contracts are being canceled.
Nearly 1 in 5 sellers are already cutting prices.
Meanwhile, a Fed survey shows that 19.6% of U.S. families fell behind on loan payments in 2025, up from 12.2% in 2022. That's the highest level since 2010 and close to the 21% recorded before the 2008 financial crisis.
The warning is huge; buyers are disappearing, sellers are struggling, and more families are falling behind on debt.
If more homeowners are forced to sell and buyers remain unable to afford homes, prices could start falling much faster.
The biggest risk is a wave of forced selling that pushes home prices down and puts even more homeowners under financial pressure.
https://x.com/macropaperr/status/2109936279509143616?s=46&t=C2XoP_AvF7AAL0SYe7Ou6w
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