Why No One’s Buying Houses Right Now

Ever feel like everyone’s just window shopping for homes? You’re not wrong—new home sales dropped nearly 14% in May, and even with more houses on the market, buyers are holding back. The South saw the biggest chill, with sales down 21%. High mortgage rates (think 6.8%+) and still-rising prices mean folks are waiting it out. If you’re house hunting, you might have more choices, but the cost is still a big hurdle. Looks like the real estate party’s on ice for now! #HousingMarket #RealEstate #MoneyTips