01/15/2026
A post Christmas market update.
With rates dropping we are seeing an uptick in home sales. There is still relatively low demand with a small increase in inventory (seasonally adjusted). With prices still fairly high and demand moderate we are in a buyer favorable market.
What does this mean?
Sellers are willing to drop prices or offer incentives for buyers in the form of closing cost offsets.
If you are a buyer this means you might not be in a competing offer scenario when you find the home you like. This means you have a stronger position in negotiations for things like repairs, upgrades, and closing costs. Especially when looking at houses like new construction.
To talk more about what the current market looks like and to plan for your future real estate moves message me to schedule a time to sit down and talk about your situation and needs.
While the decrease in rates is helping to offset higher home prices, buyers still face a challenging housing market.