How the Lock-In Effect Is Freezing the Housing Market

The median US home price has stalled at $410,700 even with mortgage rates above 6.5%. In this episode, Lucas and Luna explore the lock-in effect: why millions of homeowners with sub-4% rates refuse to sell, strangling supply and keeping prices elevated. They examine recent building permit data showing a drop to 1.374 million, the lowest in months, and how the combination of locked-in sellers and cautious builders is creating a market standoff. Plus: what the slight dip in the Case-Shiller index suggests about fall 2026. #LockInEffect #HousingMarket2026 #HomePrices #MortgageRates #SupplyConstraints #BuildingPermits #CaseShiller #Economics #FexingoBusiness #BusinessPodcast #RealEstate #HousingSupply #Homeowners #FedPolicy #MarketStall #USEconomy #HomeSales #HousingEconomics Keep every episode free: buymeacoffee.com/fexingo