Housing market shifts toward buyer-seller balance
By: Jonathan Delozier | Published: 2025-07-25 19:41:00 | Source: www.housingwire.com
“The survey revealed an important shift: people aren’t just stepping back because of mortgage rates or home prices any longer,” said Lisa Sturtevant, chief economist at Bright MLS. “They’re pausing because of broader economic anxiety and financial pressure. It’s no longer just about affordability — it’s about stability.”
Buyers step back amid financial anxiety
The survey, which gathered responses from real estate professionals across Bright’s footprint in Q2 2025, found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Unlike previous years, fewer buyers are pulling back due to failed offers (down to 32% from 56.2%) and more due to economic uncertainty (32.8%) and financial instability…