🏠 Why Home Prices Stay High Even When Fewer People Are Buying
A clear-eyed look at the quiet forces holding the market up Introduction At first glance, the math feels broken. Fewer buyers. Fewer showings. Longer days on market. And yet… prices refuse to fall the way logic says they should. Listings still look ambitious. Sellers still seem confident. Buyers still feel like they’re late to a party that never ends. This disconnect frustrates people more than rising prices ever did. When demand slows, most of us expect relief. A breather. A correction. Something that feels fair. Instead, the housing market often behaves like a stubborn mule. It digs in its heels, stares straight ahead, and refuses to budge. This article breaks down why that happens. Not the headline explanations. The structural ones. The uncomfortable ones. The ones that don’t fit neatly into a thirty-second news clip but explain why affordability feels stuck even when activity cools. The First Misunderstanding: Fewer Buyers Doesn’t Mean No Buyers One of the biggest misc...