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Stalemate in Housing Market: Sellers Hold Firm Amid Downturn

10/8/2025

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Summary

Story summary

The housing market remains in a stalemate, as sellers resist price cuts despite rising values.
Yasmin Asberry struggled to sell her Dallas suburb home, dropping the price from $400,000 to $365,000.
In Canada, real estate job losses signal a downturn, with homeowners burdened by high mortgage rates.
Sellers refuse to negotiate repairs, contributing to more canceled purchase agreements.

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Story summary

The housing market remains in a stalemate, as sellers resist price cuts despite rising values.
Yasmin Asberry struggled to sell her Dallas suburb home, dropping the price from $400,000 to $365,000.
In Canada, real estate job losses signal a downturn, with homeowners burdened by high mortgage rates.
Sellers refuse to negotiate repairs, contributing to more canceled purchase agreements.