Why Today’s Housing Slowdown Is Only Temporary

Now that the market is slowing down, many homeowners who haven’t sold at the price they were hoping for are pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since the same time last June. For every 100 new listings in June, about 21 homes were taken off the market.

If you’ve made that choice, you may be feeling frustrated and wondering if things will ever turn around. The good news? Slowdowns don’t last forever—and history proves it.

🕰️ History Repeats Itself: Proof from the Past

This isn’t the first time the housing market has experienced a slowdown. Here are some big ones:

• 1980s: Mortgage rates climbed past 18%, and buyers stopped cold. But once rates dropped, sales surged back.

• 2008: The Great Financial Crisis caused one of the toughest downturns in history. Yet, the housing market rebounded as the economy improved.

• 2020: During COVID, home sales nearly vanished overnight. But demand came roaring back as restrictions eased.

👉 The lesson? No matter the cause, the housing market always rebounds.

📊 Today’s Situation: Where We Stand

Over the past few years, sluggish home sales have been driven largely by affordability challenges. Mortgage rates rose quickly in 2022, and home prices climbed at the same time. That combination priced many buyers out.

When buyers pause, sales slow down. It’s a cycle we’ve seen before.

🌟 The Outlook: Why Things Will Improve

Here’s the encouraging part: experts believe sales will increase in the coming years.

• Last year, about 4 million homes sold.

• This year looks very similar.

• By 2026, forecasts from Fannie Mae, MBA, and NAR predict around 4.6 million sales.

The reason? Mortgage rates are expected to come down, opening the doors for more buyers to re-enter the market.

📌 Just like in the 1980s, 2008, and 2020, today’s dip is temporary.

🏡 What This Means for You

If you’ve paused your moving plans, you did what was best for your situation. But don’t lose sight of the big picture—slowdowns end, and activity returns.

That’s where working with a local expert like Krista Klause, your trusted Realtor, makes all the difference. I keep a close eye on the San Antonio, Helotes, Bandera, and surrounding markets, and when the rebound begins, I’ll help you seize the opportunity.

✅ Bottom Line

If today’s housing market feels stuck, remember: it won’t stay that way forever. History shows us time and again that the market always comes back. Don’t miss your chance to take advantage when it does.

📞 Call Krista Klause, your trusted Realtor, to stay ahead of the curve and be ready for the next wave of buyers.