The U.S. housing market just hit a staggering milestone: home sellers are sitting on nearly $700 billion worth of active listings, marking an all-time high. But here's where things get even more interesting—nearly 44% of those homes have been sitting on the market for 60 days or longer, a strong indicator that the tide is shifting toward a more buyer-friendly environment.
According to the latest national data:
Active inventory is up 20.3% year-over-year