It is supposed to be the peak season for the housing market right now.

But this year, we've got a weird one.

Today, on On the Market, I'm going to update you all on three major trends you need to be paying attention to.

Hey, everyone, it's Dave, host of On the Market and head of real estate investing for bigger pockets,

where I spend my days studying the housing market and economy and sharing what I learn with all of you here.

And today I'm going to share with you three trends about the housing market that you should all be paying attention to,

whether you're looking to buy, sell, optimize your portfolio,

or maybe you work in the industry as an agent, a lender, or a property manager, you're going to

want to pay attention to these three trends, which are, number one, the rapidly emerging

buyers market. We've talked about that a little bit on the show, but we're going to dive deep into

that today. Contract cancellations, and the fact that they are hitting new highs. And third,

the latest news on mortgage delinquencies, which if you haven't been listening to the show,

I always say that this is sort of our main canary in the coal mine for any sort of housing market decline or crashes.

So I will make sure to give you all the latest news there.

Let's get into it.

So first up, our first trend that you should be paying attention to right now is the emerging

buyer's market.

And there is some new data that confirms what we've been talking about on the show

for the last couple of weeks or months and sort of just paints a really clear picture,

at least in my mind. Redfin just put out some new data that just sort of looks at this at the

highest possible, broadest level, which is how many sellers are there in the market and how many

buyers are currently in the housing market. And the TLDR here is that sellers have been outpacing

...