Insight
The Northeast is structurally underbuilt, meaning it is still a seller's market.
Zillow: The Buying Window Could Be Closing in These States
Summary
According to Zillow data, the housing market may be shifting from a seller's market to a more balanced market. This means less inventory and potentially less negotiation power for buyers. Hosts who are also buyers should assess their affordability in the current market and consider the long-term impact on their real estate investments.
Key takeaway