A home for sale in Washington on May 19, 2025. Madalina Vasiliu/The Epoch Times
The U.S. housing market is behaving peculiarly, says Jim Righeimer, a former Costa Mesa, California, mayor and lot developer. While homebuyers are leaving the market, home prices are not falling.
Real estate platform Redfin reports that home prices ticked up just 0.2 percent in November. At the same time, the U.S. housing market has 37 percent more sellers than buyers.
