Sue Monroe

10/22/2026

More builders are cutting prices..........
The October NAHB/Wells Fargo Housing Market Index found that 43% of surveyed builders reported cutting prices, the highest share during the 2020–2026 period. The average reported reduction was 6%.

Meanwhile, 65% reported using sales incentives. Builder confidence fell three points to 29.

Those figures describe a national builder survey. They do not mean 43% of new homes are discounted, that prices nationally fell 6%, or that every builder will negotiate.

The practical implication for agents is local: where new construction competes for the same buyers as existing homes, a resale-only view of the market can miss part of the decision.

A builder’s offer does not have to make its home the cheapest property to make it worth considering. It might address something the buyer is struggling with, such as cash needed at closing or finding a home that fits their move-in schedule.

That is worth knowing before a seller dismisses new construction as “a different market.”

10/16/2026

Please disconnect your garden hose from the outside faucet before freezing temperatures arrive. This helps prevent the faucet and pipes from freezing and bursting. Thank you!

07/23/2026

Long journey but the high light of my trip. I wanted to share that I finally was able to take a vaca with my hubby and drove from Iowa to Laurel to finally achieve one on my bucket list! And what a bonus I got but unfortunately, Mike would not let me meet him but I played paparazzi Ben!!!!!

07/04/2026

Today we celebrate the freedoms we cherish and the people who make our country strong. Happy Independence Day! 🇺🇸 Wishing you and your family a safe, happy, and memorable Fourth of July! Enjoy the celebrations!

10/31/2025

It’s that time! Please keep a watch on the falling temps and remember to disconnect your hose.

09/24/2025

Sold in 24 hours!

09/11/2025

Never forget," "always in our hearts," and "God bless."

08/02/2025

A must see! New AC, Water Heater and Home Warranty.

07/26/2025

Do you see what I see why this house will stay on the market for awhile🤣

07/23/2025

The housing market is shifting.

Nearly 15% of U.S. home purchase agreements fell through in June, according to Redfin—up 1% from a year ago and the highest June figure since tracking began in 2017.

At first, this stat might seem puzzling. After all, isn't there supposed to be pent-up demand, especially among Millennials and Gen Z?

So, what’s behind this? Well, according to the report...

• Some buyers are using inspection contingencies to walk away after spotting an issue or discovering a better home
• Mortgage rates remain stuck in the upper mid-6% range, and some buyers are hoping for a drop
• And in some cases, shoppers are simply more cautious amid economic uncertainty

Still, the Redfin data isn’t revealing a sudden change—it’s part of a broader trend I’ve been tracking throughout 2025: the shift to a buyer's market.

In my latest Housing Market Predictions piece, I covered how home price growth has been slowing and inventory has been steadily improving since the start of the year. That extra supply, combined with sticky mortgage rates, has given buyers a little more breathing room and negotiating power in a still-pricey housing market.

Even so, it's important to remember that housing trends remain deeply regional.

For example, affordable markets in parts of the Midwest and Northeast, which didn’t experience the extreme price surges of the pandemic years, are seeing strong buyer demand and competitive conditions.

In contrast, areas like Florida and parts of the West, where insurance costs and high home prices are causing concern, and where rapid home building in recent years is now offering buyers more choice, are experiencing more deals falling through.

https://lnkd.in/eAfHPdQn
Forbes Advisor

The much-anticipated spring home-buying season never bloomed. In truth, it hardly even budded. Now, housing market stakeholders are looking to summer for a potential rebound, hoping that growing inventory and slower home price appreciation will entice buyers off the sidelines by offering more opt