The Price is Up — But So Is Reality The total value of U.S. homes on the market just hit a record $698 billion, a stunning 20.3% increase from last year. But don’t let the headlines fool you. This isn’t a sign of prosperity — it’s a symptom of desperation and dislocation. Inventory is flooding the market. Demand is withering. And those sky-high listing prices? They’re fictional — set by homeowners who still think it’s 2021. As Redfin chief economist Daryl Fairweather bluntly told FOX Business, the math no longer adds up. “Buyers can't afford these high prices,” she said. With mortgage rates climbing, insurance premiums ballooning, and property taxes eating into budgets, Americans are checking out of the housing…
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