The housing market is literally dead right now

Lifelong South Florida resident. I've never seen the market this lifeless.

Homes are literally sitting for months/years unsold. My relative was planning on moving to North Carolina but no one wants to buy her home. There's a house in my neighborhood that has been listed/delisted 8 times since 2023 and still has no bites. A person I know got divorced & they agreed to sell the home, but are stuck because no one wants to buy their home.

This isn't a seller's market, nor apparently is it a buyer's market. We're stuck in purgatory 😭