Housing Market Crisis: Redfin Data Reveals Shocking Truth (Video)
In this 6 June 2025 video, host Jasson Farrier provides a Housing Crash Update from Redfin Sellers Are Pulling Back.
Despite higher inventory and a supposed “buyer’s market,” something strange is happening: new home listings are suddenly stalling. According to Redfin, this May 2025 saw the biggest late-spring listing drop in a decade — and in 11 major metros, new listings are falling year-over-year.
In this video, we break it all down:
- Pending sales are at their lowest May level since 2020
- Homes are selling below asking — biggest discount since 2020
- San Jose, Tampa, Fort Lauderdale, Orlando, and West Palm Beach are cooling fast
- Median mortgage payment: $2,863 — just $20 below the all-time high
- Only 28% of homes are selling over asking — last year it was 32%
Redfin says the market is tilting toward buyers — but the numbers show even they are backing off. Mortgage apps are down, price growth is stalling, and sellers are starting to blink first.
Is this the beginning of a full-on market slowdown? Watch the full breakdown — and find out which markets are slipping the fastest.
https://youtu.be/A8hIjH2hP5o
00:00 Redfin Housing Market Update
11:00 Mortgage Rate Update
13:00 Is the housing market crashing
27:00 Columbus Ohio Housing Market Update
30:30 Cleveland Ohio Housing Market Update
32:12 Cincinnati Ohio Housing Market Update
34:10 Dayton Ohio Housing Market Update
36:50 San Bernardino CA Housing Market Update
40:33 Charleston SC Housing Market Update
41:49 Indianapolis IN Housing Market Update
45:46 Kalispell MT Housing Market Update
49:00 Philadelphia PA Housing Market Update
51:40 Las Vegas NV Housing Market Update
59:05 Denver CO Housing Market Update
01:11:29 Boston MA Housing Market Update
01:20:00 Dallas TX Housing Market Update
01:28:10 Rockingham County NH Housing Market Update
01:32:20 Reno NV Housing Market Update
01:41:50 Clarksville TN Housing Market Update
01:47:24 Eugene OR Housing Market Update
01:51:30 Dallas TX Condo Market Update
02:03:03 Phoenix AZ Housing Market Update
02:05:56 Sacramento CA Housing Market Update
02:10:21 Fort Lauderdale FL Housing Market Update
02:10:55 Cape Coral FL Housing Market Update
02:13:42 Oakland CA Housing Market Update
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