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s the global economy teeters on the brink of recession, the housing market is bracing for impact. Last time a downturn hit, homeowners took a beating, and this time around, certain properties may struggle to find buyers. Experts warn that oversized suburban homes with dated finishes and choppy floor plans are particularly vulnerable.
"The market has been sluggish since 2025 began," notes Zachary Gotlib, a licensed real estate attorney. "High interest rates, volatile markets, and soaring home prices have kept buyers at bay." Despite this, Gotlib expects an uptick in deals as spring approaches, but acknowledges it remains a seller's market.
Redfin agent Donovan Reynolds agrees that cookie-cutter homes are struggling to sell. "In today's inflationary climate, people prioritize energy efficiency, location, and quality over outdated features," he says. Homebuilders, meanwhile, are stuck with an inventory of unsold properties, which they're now forced to discount and incentivize buyers to purchase.
Condos with special assessments and high HOA fees are also likely to be a hard sell this year. "Buyers are wary of getting stuck with a monthly bill that rivals their mortgage," Reynolds cautions. He notes that motivated sellers seem to be holding onto many condo listings, making it even tougher for buyers to find a deal.
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