Redfin reveals shocking truth about 2025 Housing Market (buyers gone)

Video Description

Redfin just revealed a post-rate-cut downturn in home buyer demand, shocking everyone in the housing market. For the first time in 3 months, pending sales dropped on a year-over-year basis according to Redfin's data, due to high home prices and mortgage rates that are still elevated. Will the housing market be able to recover from this setback, and will demand return later in 2025? Access the data at https://www.reventure.app Meanwhile, data from the NAR, as reported by the Wall Street Journal, shows that home sales in August 2025 fell from their previous month, and were at their lowest level for August on record in the data set. That suggests a major homebuyer boycott going on in the U.S. Housing Market, one that won't be cured by a couple of rate cuts. However, there's more to the story. Why aren't people buying homes? And what needs to happen to cause buyers to re-enter the market? Well, let's take a look at some data on where people are buying. You can see, using the same data from Redfin on home sales by state, that the biggest buyer demand drop off is occurring in California, Hawaii, Nevada, Oregon, Washington, Massachusetts, and New Jersey - all expensive, high cost states to buy. Meanwhile, demand remains resilient in affordable states like West Virginia, Alabama, and Louisiana. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/