The housing market is seeing a major shift in the number of buyers and sellers. The U.S. housing market has nearly 500,000 more sellers than buyers, a recent analysis by Redfin found. According to Redfin, as of April 2025, there are 500,000 more people selling homes than buying them. Redfin says the last time the number of homebuyers were this low was during the start of the pandemic, and before that was in 2013. In our Market here in Tampa Bay there are currently 2.2 Sellers for every Buyer
Source: Redfin
Mortgage Rates
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The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week. Stable mortgage rates coupled with moderately rising inventory are attracting homebuyers into the market, with purchase application activity up 18% from last year.
