Five Corners Properties

08/06/2026

08/02/2026

07/30/2026

07/28/2026

07/23/2026

07/21/2026

🏡 Real Estate Market Update – What’s Really Happening?

If you've been hearing that the real estate market is "crashing," the numbers tell a different story.

The market isn't collapsing—it's becoming more selective. Buyers are still buying, but they're making smart decisions and expecting realistic pricing.

📊 Here's what we're seeing nationally:
• Existing home sales dipped 2.4% in June from May, but are still 2.8% higher than a year ago.
• The median home price reached $440,600, up 1.8% year over year.
• Inventory has increased, giving buyers more choices.
• Pending sales continue to improve, rising 3.8% month-over-month and 4.8% year-over-year—a positive sign for the months ahead.

💰 What does this mean for sellers?
Today's buyers are rewarding homes that are:
✅ Priced correctly
✅ Well maintained
✅ Beautifully presented
✅ Move-in ready
✅ Backed by realistic negotiations

They're quickly passing on homes that are overpriced or need significant work.

📉 National asking prices have declined as sellers adjust to today's market. This doesn't signal a housing crash—it shows that the days of "testing the market" with an inflated price are fading.

🏠 Bottom Line:
This is no longer a market where every home sells immediately. Success depends on accurate pricing, strategic marketing, professional presentation, and expert negotiation.

Every neighborhood is different, and local knowledge matters more than ever.

If you're thinking about buying or selling, I'd be happy to provide a no-obligation analysis of your home's current market value and explain what's happening specifically in our local market.

Jon Lerner
Five Corners Properties

07/19/2026

07/16/2026

07/09/2026