BREAKING: There are now a record 312,000 new homes for sale in the Southern US states. This is 21,000 higher than the August 2006 peak, just before the housing market crash.

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by Boo_Randy_II

11 comments

  1. The economy is being crashed on purpose. “America” doesn’t mean you. It means wealthy donors who will be cashing in on your loss. You are a useless eater, about to be eaten.

  3. Now versus 2006, how many people were retiring? The youngest boomers are hitting retirement age now. Without data showing that a healthy chunk of these aren’t mom and dad downsizing into a smaller place or moving out into the country now that they don’t need to go into the office, this is smelling a little like doomer porn.

  4. GDXJ and SILJ and chill guys this commodity bull run is just getting started

  5. I think absolute numbers for this type of metric are misleading. What is the percentage of homes for sale is much more telling. We have built millions of homes since 2006…

    Edit: Yup this metric is not good. In 2006 the US had 125.9 “housing units”. In 2025 we have 145 million.

  6. Why is North East bucking the trend? Because of the lack of new construction versus South which has allowed to build up far more homes?

  8. New homes for sale is a good thing. The number of homes for sale in itself had nothing to do with the housing crisis in 08. Housing costs are already too high in many areas, so additional housing can be a good thing assuming banks aren’t once again engaging in risky lending practices.

  9. People have been screeching about how we need more new houses because no one seems to understand how housing prices work.

  10. Looks like North east and midwest aren’t in alignment tho.

  11. It all comes down to jobs, we have red flags spanning many sectors but until mass layoffs happen the economy can continue to chug on fumes.

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