Some Housing Markets Remain Gridlocked

A new study finds pandemic-era boomtown housing markets are stuck in pricing gridlock, as seller expectations and buyer payment realities collide, pushing time on market to multi-month highs in 2025

Some places are still considered seller’s markets while others have shifted to a buyer’s market. But some are in gridlock, with nothing moving for up to three long months, according to a new study.

Former boomtown spots like Austin, Miami, and Phoenix are all but in checkmate mode, the study from Kind House Buyers, which analyzed Redfin data from the 50 most populous metros…

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