Housing Market Shifts Toward Oversupply | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews The U.S. housing market may be hitting an oversupply tipping point, with new construction catching up to demand that’s slowed by demographic shifts — potentially triggering nationwide price drops and rent declines. After years of tight markets fueled by low rates and millennial homebuying, builders are now flooding the market, especially with apartments. While this could ease affordability for buyers, it may hurt existing homeowners by eroding equity and complicating sales or refinancing. The Mortgage Bankers Association warns this shift could hit as early as 2035, with denser coastal areas less affected than land-rich regions. For lenders, the ripple effects could reshape loan volumes and borrower equity — a complex balancing act with winners and losers. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/26e0171ab0926718