The housing market is currently softening due to an affordability crisis, leading to stagnant or declining real home prices.

“The housing market is just in an affordability crisis. I know people talk about the housing market and they think, "Oh, there's going to be this big crash." The problem with the housing market is not that prices are going to go into a freef fall. The problem with the housing market is that more peop”

Brian Burke claims that residential real estate is in a stagnant phase characterized by a stalemate between homeowners who are locked into low mortgage rates and buyers who are discouraged by current

“There's a lot of different cycles in real estate. I think residential real estate is in kind of this odd phase of a cycle where there's a bit of a standoff between people who own homes with, you know, 2.75% mortgages who refuse to move uh because they're locked in, and buyers who are trying to figur”