Home Sellers Outnumber Buyers by 500,000 - What Does that Mean for St. George?

The real estate game has completely changed in Southern Utah, and if you're thinking of buying or selling in St. George, Hurricane, or Washington County, this episode is a must-listen.What We Cover:• The New Market Reality - Why there are 500,000 more sellers than buyers nationwide and what it means for St. George• Utah's Price Drop Trend - We're #3 in the nation for price reductions (22% of listings!), but is this good or bad news?• Washington County's Tale of Two Markets - Homes under $500k selling in 4 months vs. luxury homes sitting for nearly a year• The Mortgage Payment Shock - How payments doubled to $3,200+ and why your neighbor's 2.5% rate is keeping them stuck• Buyer Power is Back - Why sellers are now paying $15k+ in concessions and how to navigate this shift• The "Two-Home Tango" - Selling and buying simultaneously in today's tricky market• Pricing for Success - Why 2021 prices are history and how to price competitively in 2025Whether you're a first-time buyer finally seeing opportunity or a seller wondering if now's the right time to move, we break down the local market dynamics that matter most to Southern Utah families.Perfect for: St. George area buyers, sellers, and anyone curious about where our local market is headed.