r/REBubble

• New research from the New York Fed and the American Enterprise Institute (AEI) shows that declining affordability is reducing homeownership for buyers in their 20s, 30s, 40s, and 50s alike.
• Home prices have grown far faster than incomes, making the price‑to‑income gap the central barrier to ownership across all age groups.
• Lower and middle‑income households are being pushed out, while higher‑income buyers capture a growing share of available homes.
• First‑time buyers increasingly come from higher‑income brackets, reflecting how the market is drifting away from broad accessibility.
• Experts argue that only major supply expansion, especially zoning reform to allow smaller, denser, more affordable homes, can restore homeownership access.

• Florida and Texas have shifted from boom to weakness, with cooling demand, rising inventory, and growing buyer leverage.
• Carrying‑cost shocks are a major drag, Florida’s insurance crisis and Texas’s property‑tax burden are eroding affordability.
• Pandemic‑era migration tailwinds have reversed, reducing the inflow of high‑income buyers that previously drove rapid appreciation.
• Ohio is emerging as a relative outperformer, supported by affordability, stable job anchors, and less exposure to climate‑risk costs.
• The broader pattern shows a rotation from Sunbelt volatility to Midwest stability, as buyers prioritize predictable costs over lifestyle‑driven moves.

I am not buying the housing market rising 0.3% this upcoming year ala Zillow. I know a lot more people wanting to sell a house than planning to buy one. My guess is that this summer will be brutal for sellers and the US housing market prices drop 5-10% by the following summer. What yall think?

https://preview.redd.it/dsw1rbxeisvg1.jpg?width=1233&format=pjpg&auto=webp&s=cd43f329653e32c37af35afcb909ed0787db9e15

I’m Daryl Fairweather, Chief Economist at Redfin, and I’ll be hosting an AMA in r/USHousingMarket. 

I lead economic research on the U.S. housing market and spend most of my time analyzing trends in home prices, mortgage rates, inventory, and buyer demand. I also help explain what those trends mean for homebuyers, sellers, Redfin agents, and the media (CNBC, Bloomberg, and others).

With the spring homebuying season getting underway, I’m here to answer your questions about what’s happening in the U.S. housing market right now and where things might be headed.

If you’ve been wondering whether now is a good time to buy, how the market might shift this year, or what broader economic trends could affect housing, feel free to ask. I’m looking forward to discussing home prices, mortgage rates, housing inventory, affordability, market outlook, buyer demand, and regional trends–AMA!

AMA details:
Tuesday, April 21, 2026
1:30pm - 2:30pm PT / 4:30pm - 5:30pm ET

How to participate:

• Comment your questions below (or day of AMA)
• Upvote questions you’d like to see answered first
• Questions will be answered in real-time 4/21/26 @ 1:30pm PT

These posts are for informational purposes only and are not intended to provide, and should not be relied on for, medical, legal, financial, or tax advice. You should consult with a qualified professional for advice specific to your situation. Consumers should independently verify that any services, products, or programs referenced meet their needs and comply with applicable requirements.

Hey all - I just launched Buyers Market, a free and anonymous chrome browser extension that lets you add reactions directly to Zillow listings. I mainly created it for two reasons:

1. As a first time home buyer, I am tired of seeing all these delusional listings that are completely out of touch for the current economic reality of most Americans. I just want to buy a house close to where the rest of my family lives and I always wished I had a way to share my thoughts with everyone else looking in that market, good or bad.
2. I came of age in a time when plug-ins, add-ons, and toolbars ruled the browser experience. It was fun. The current version of the internet is a lot less fun. I just wanted to build something that is a nod back to that time period and brings more fun to the current internet.

If we get good traction then I'll add listing sites and and expand to additional browsers! Hopefully you guys love it, but if not feel free to shoot me a note on how I can improve it.