Is the Housing Market Slowing or Just Taking a Breather?

Selling a home isn’t just a transaction—it’s deeply personal.

If your home didn’t sell the way you hoped, or you felt forced to take it off the market, you’re not alone. Across the country, frustrated homeowners are hitting pause. In fact, 21 out of every 100 homes listed in June were removed without selling.

It’s a tough spot to be in—and it can feel like you missed your chance.

But here’s what you need to hear: slowdowns never last forever. History—and the data—shows that the market always rebounds.

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Why Sellers Pull Back: The Pain Behind the Pause

Let’s be real about what home sellers are feeling right now:

1. “I feel like I missed the peak.”
   – You saw neighbors sell fast last year—and now you're left wondering if the opportunity passed.
2. “I don’t want to reduce my price.”
   – You’re emotionally (and financially) tied to the value you believe your home deserves.
3. “Buyers just disappeared.”
   – Open houses are slow. Offers, if any, feel lowball.
4. “I can’t afford to sit and wait forever.”
   – Holding costs, carrying two mortgages, or life transitions are adding pressure.
5. “I don’t know when or how the market will shift.”
   – The uncertainty is the hardest part.

All of this is valid. But that’s why it’s important to zoom out and look at the bigger picture.

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History Repeats: Every Market Comes Back

This isn’t the first slowdown—and it won’t be the last.
Here’s how previous slumps rebounded:

• 1980s: Rates spiked to 18%. Sales halted—but once rates dropped, the market exploded.
• 2008: The financial crisis froze everything. Yet by 2013, buyer demand returned.
• 2020: COVID caused a pause—then came one of the fastest rebounds in housing history.

The lesson? Every dip in sales is followed by recovery.

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What’s Coming Next?

Home sales have been slow these past two years. Why? Affordability.
High mortgage rates and rising prices made it harder for buyers to say yes.

But that’s already starting to shift. Experts from Fannie Mae, MBA, and NAR forecast:

• 2024: ~4 million homes sold
• 2025 (Projected): Similar numbers
• 2026 (Forecast): Over 4.5 million homes sold

Why the increase? Analysts expect mortgage rates to ease, making buying more affordable and unlocking pent-up demand.

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What This Means for You

If you’ve pulled your listing or haven’t gotten the offers you wanted, don’t give up. You may have hit the pause button—but you didn’t miss the whole opportunity.

The market is cyclical. Just like in every slowdown before, we’re in a temporary dip before activity picks up again.

When it does, competition will return—fast. And those who prepare now will be the first to benefit.

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Bottom Line

The real estate market is showing signs of recovery—and you don’t want to be caught flat-footed when buyers return.

If you're a homeowner who still wants to sell, let's connect. We'll keep a pulse on your neighborhood, monitor early activity, and relist at the right time—with the right strategy.

Serving Glendale, Burbank, La Crescenta, and surrounding LA areas.