Not necessarily. Sticky iBuyer pricing mostly reflects who the seller is, and it's weak evidence about the broader market. An iBuyer is a publicly traded company holding a portfolio, without the emotional or logistical pressure an individual homeowner carries. A regular seller usually has to sell this house to buy the next one, on a personal timeline. A big institutional holder can sit on a property, absorb or write off losses across a balance sheet, and wait. So it behaves differently, and reading it like a nervous homeowner refusing to blink gets the signal wrong. Holding instead of cutting can simply mean they're waiting to see how demand and rates play out. In some markets that patience even lines up with seasonality, since plenty of areas pick up in the fall, unlike California's more year-round pace. The real signal lives with motivated individual sellers. When rates are elevated, market times stretch, and the slow holiday season hits, a home that's been sitting a few months often points to a seller with genuine motivation, and that's where your negotiating leverage is. So flip the focus: skip the tea leaves on what a corporate holder does with its overpriced listings, and go find the individual seller whose home has lingered and who needs to make a deal. That's the opportunity, whatever the iBuyers are up to.