Lately, we’re seeing more homes pop up for sale across the U.S.—in fact, new listings ticked up 0.4% and total homes for sale grew 0.5% in just four weeks, reaching the highest inventory levels since early spring. But even with more choices on the market, pending home sales actually slipped 1.1% to a six-month low. High housing costs (with mortgage rates hovering near 7%, close to a 13-month high) are keeping many buyers on the sidelines, even as inventory improves nationally. The median home price is still up 1.9% year-over-year, now above $400K.
For those actively shopping, this shift means more negotiating power—especially on homes that have been listed for several weeks. Sellers who price realistically are seeing better results, rather than chasing last year’s numbers. As someone who’s navigated stressful relocations myself, I know how important it is to stay informed and plan ahead. Whether you’re moving across town or across the country, understanding these trends can help you make confident, empowered decisions in today’s market.
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