It’s been a dynamic season in the US housing market, with new listings rising 8%—the highest level we’ve seen since August 2022. For those considering a move, this uptick means more choices and opportunities to find the right fit. Active listings are approaching balanced territory, offering a bit of breathing room for both buyers and sellers. However, pending sales remain at a low, and mortgage rates are holding steady at 6.66%, which continues to affect affordability, even with a modest 2.2% increase in median prices.
Having worked with homeowners and buyers since 1985, I’ve seen firsthand how shifts like these can shape your decisions and your confidence in the process. My focus remains on ensuring that you have the information and guidance needed to navigate these changes wisely, whether you’re searching for a new home, planning to downsize, or supporting a loved one through a transition. Knowledge and preparation are key to making smart, safe moves in this evolving market.
Leave a Reply