Good morning! The power balance in the real estate world is starting to shift. For the first time in over a decade, home sellers outnumber buyers across the U.S., and prices are finally starting to crack.

Times Square’s biggest office tower is going residential and the Hudson Yards casino plan is out… making room for 4,000 housing units instead. Seattle’s market is cooling, LA buyers are regaining leverage, and UK home sales just hit post-lockdown highs.

Need assistance with real estate? Our official partner, Nest Seekers International, can help you buy, sell, rent, or invest anywhere in the world. Get in touch here.

It’s been a seller’s world for years - sky-high prices, bidding wars, and enough heartbreak to make HGTV look like a tragedy channel. But 2025 is shaping up to be the year the power dynamic flips.

According to Redfin, there are now 34% more sellers than buyers, with over 500,000 homes sitting idle on the market.

That’s not a typo, it’s a full-on inventory pileup, and it’s giving buyers real leverage for the first time in over a decade.

After years of price acceleration, the market is finally cooling. Home prices are expected to hold steady this summer and dip 1% year-over-year by Q4. That may sound minor, but in housing terms, it’s a meaningful shift.

Mortgage rates are still annoyingly high (hovering near 6.8%), but for buyers with patience and a long view, this could be the entry point they’ve been waiting for.

As Redfin’s Chen Zhao puts it, “There’s room to negotiate right now.” Translation: lowball offers might actually work again.

It’s not quite a crash but it’s definitely a crack.

Takeaway: For the first time since Obama’s second term, the housing market is bending in favor of buyers. If you’ve been sitting on the sidelines waiting for your shot, this might be it. Just don’t wait too long, when rates do fall, the crowd comes rushing back.

Dealmaking & Latest Developments

Need help with real estate? Our official partner, Nest Seekers International, can help you buy, sell, rent, or invest, anywhere in the world. Get in touch here.