We’re seeing some interesting shifts in the housing market lately: Over the four weeks ending August 23, new home listings in the US ticked up by 0.4%, and total homes for sale grew by 0.5%—the highest inventory we’ve seen since early Q2. That’s making it a promising time for buyers, even as pending sales dropped 1.1% to a six-month low, thanks to high housing costs keeping many on the sidelines. The median US home-sale price is now up 1.9% year-over-year, just over $400K, with average mortgage rates hovering around 7%—the highest in 13 months.
For those actively searching, this boost in inventory and lighter demand has opened up more opportunities to negotiate on price or even ask for concessions, especially on homes that have been listed for several weeks. Sellers are finding that realistic pricing is key—chasing last year’s numbers isn’t the winning strategy in this environment.
My approach as a residential real estate specialist is to guide both buyers and sellers through these market dynamics. Whether you’re navigating a major life change like divorce, inheritance, or downsizing, it’s all about leveraging market knowledge and negotiation expertise to help you reach your real estate goals.





