It’s not often that buyers find themselves with extra negotiating power, but current market shifts are creating just that scenario. Pending home sales across the US have dipped to a six-month low as new listings and available inventory rise. This means buyers are seeing more choices—and in some cases, stronger footing at the negotiating table. Median home prices have edged up 1.9% to $400,649, with higher mortgage rates continuing to affect monthly payment amounts. Still, we’re starting to see price drops and more seller concessions in several markets. With over two decades guiding clients through every kind of market, I believe it’s crucial to understand what these changes could mean for your next move. My approach has always been to make the process clear and help you feel confident, whether you’re buying, selling, or exploring your options.
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