500,000 More Sellers Than Buyers. First Time in a Decade | Daryl Fairweather on What Comes Next

Excess Returns

Content provided by Excess Returns. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Excess Returns or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

4d ago 50:32

MP3•Episode home

In this episode, we’re joined by Daryl Fairweather, Chief Economist at Redfin and author of Hate the Game, to explore the most dramatic shift in the U.S. housing market in over a decade. With sellers now outnumbering buyers by more than 500,000 for the first time since 2013, Daryl breaks down what’s really happening beneath the surface—and why so many homeowners and policymakers are reluctant to face it.

We dive into the behavioral and structural forces shaping the market today, from price stickiness and record cancellations to zoning reform and climate-driven migration. Whether you're a homeowner, investor, or policy wonk, this conversation offers a comprehensive look at what’s next for real estate in America.

Topics discussed include:

The shift to a buyer’s market and why it matters
The gap between seller expectations and buyer reality
Regional pain points: Florida, Texas, and beyond
Why insurance costs and HOAs are distorting markets
Buyer psychology, affordability, and rent vs. own dynamics
Tariffs, uncertainty, and interest rate volatility
The policy fixes Daryl believes we need—fast
Climate risk, migration, and Redfin’s flood data experiment
Why your home shouldn't be your investment strategy
Lessons from game theory and behavioral economics

Guest Links:
Daryl Fairweather’s book Hate the Game is available now on Amazon and Audible.
Follow Daryl on X, LinkedIn, and Substack @FairweatherPhD

349 episodes

#Jack Forehand #Trading #Business #Jack Forehand And Justin Carbonneau #Justin Carbonneau #Value Investing