We’re seeing a subtle shift in the housing market: new listings in the US are up by 0.4%, and the total number of homes for sale has increased 0.5%—both marking their highest points since early spring. Yet, pending home sales have dipped by 1.1%, now at a six-month low, as buyers face median prices above $400,000 nationwide. With mortgage rates still in the mid-6% range and only slightly below their recent peaks, some buyers are holding off, waiting for a little more certainty or for rates to drop. This growing inventory paired with softer demand is creating new opportunities for active buyers—think more room for negotiation, possible price cuts, concessions, or even repairs on homes that have been listed longer. If you’re a seller, pricing your home right from the start is more important than ever. There’s a window now before activity could ramp up again later in the third quarter. My goal is always to make your real estate journey as smooth and stress-free as possible, guiding you through these changing conditions with compassion and a friendly approach.
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