09/17/2026
More Homes Hit the Market as Demand Cools | Liane Thomas and TheJetTeam.com, Bringing You Home!
We’re seeing an interesting shift in the housing market: in the four weeks ending August 23, new US listings nudged up 0.4% and total homes for sale increased by 0.5%, reaching their highest point since early second quarter. Yet, at the same time, pending home sales dipped 1.1%—the lowest in six months—reflecting how elevated housing costs are keeping many buyers on the sidelines, even as inventory improves nationwide.
The median home-sale price is now up 1.9% from last year, topping $400,000, while average mortgage rates hover near 7%, close to a 13-month high. For my clients—especially sellers in the Inland Empire—this means pricing realistically is more important than ever. With inventory rising and demand softening, buyers have more room to negotiate, especially on listings that have been on the market for several weeks. Sellers who stay flexible and strategic are best positioned for success in this evolving landscape.