Doh! Housing Market Goes D'oh-wnhill!

Marge the Market's Gone Sour!

Mmm market. Usually that means donuts. But this time it's about houses and not the fun kind. Turns out buying a house is harder than getting free donuts at a police convention! Sales of old houses went down 5.9% in March. Five point nine! That's almost six donuts less! This is the slowest it's been since 2009. 2009! That's like a million years ago! Even I remember being less stressed then… probably because I wasn’t trying to buy a house. D'oh!

Westward… Ho No!

Even out West where things are supposed to be all sunny and… I don’t know… canyon y sales are in the toilet. Down over 9%! Nine percent! That's like losing a whole box of donuts. Well almost. They are saying it's good in the Rocky Mountain area because of jobs... I don't know if I believe them though. I have never trusted a mountain.

Mortgage Rates: Worse Than Flanders!

These fancy economist types are blaming it on mortgage rates. Apparently they were over 7% in January and February. Seven percent! That's like paying extra for sprinkles and gummy worms on your donut… I mean house payment! It's too darn high! Ned Flanders would probably love it though. He's always got money for everything that guy. Didilly!

More Houses Less Buyers? What the Diddly?

Get this: there are *more* houses for sale almost 20% more than last year. Twenty percent! But nobody's buying! It's like Krusty Burger having a sale on Krusty Burgers but everyone's suddenly on a diet. A diet! Can you imagine? That leaves us with a four month supply of houses just sittin' there. We need six months for things to be normal. Six months! That's a long time to wait for a donut... I mean a house!

Prices Still High... Like My Cholesterol!

Even though sales are down the price of houses is still high. They are selling for $403,700. That's an all time high... for March! Still it's only up 2.7% from last year. That is good... like getting a free donut with your coffee. But... but prices are still high. I guess I am doomed to live here forever! Doh!

Hunker Down Eat Donuts and Wait...

These smart guys are saying things might get worse. People are canceling deals and with the stock market all over the place nobody wants to buy anything. On top of that it sounds like everything for your house is going to get more expensive. Tariffs inflation job worries... it's all a big fat greasy mess. I guess we'll just hunker down eat donuts and hope for the best. Marge more donuts!