Original title "The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall" compressed to fit within title limits.

>The strongest buyer’s market is Miami, where sellers outnumber buyers roughly 3 to 1.

It always seems like Miami is the poster boy for whatever the market is, swinging wildly one way or the other.

Is that just the nature of a lot of vacation homes or second homes?

AGI is going to send house prices even lower.