09/24/2026
Pending sales slipped 5.4% in June. Here's why buyers should be paying attention. π
Contract signings fell 5.4% month-over-month as mortgage rates hit their highest point in nearly a year, alongside record-high home prices. It's a tough combination, especially for first-time buyers.
But fewer buyers signing contracts right now usually means less competition for the ones who do. If you've been priced out of bidding wars, this pullback could be your opening β sellers have less leverage when demand cools, even briefly.
Want to know what this shift means for your specific search? DM me "PENDING" and let's talk timing. π‘