We're seeing more homes coming onto the market—new listings across the US ticked up 0.4% in the four weeks ending August 23, and total homes for sale increased 0.5%, reaching the highest point since early Q2. Yet, even with this boost in inventory, pending home sales dipped 1.1% to a six-month low. High housing costs are still keeping many buyers on the sidelines, despite more options being available. The median home-sale price nationally is now up 1.9% over last year, sitting above $400,000, and mortgage rates are hovering near 7%, close to a 13-month high.
What does this mean for buyers and sellers here in the Dallas Metroplex and our northeastern suburbs? With more homes on the market and fewer buyers competing, those actively shopping have stronger negotiating power—whether it's for price reductions or seller concessions. For sellers, pricing your property realistically (rather than chasing last year’s numbers) is key, especially since homes that have been on the market for a few weeks often provide buyers with extra leverage.
Having helped many clients navigate both buying and selling—sometimes even coordinating same-day closings—my focus is on clear communication and careful negotiation. The current environment calls for strategic positioning, whether you're hoping to stand out as a seller or secure the right opportunity as a buyer. If you have questions about how these trends could affect your next move, I’m here to guide you every step of the way.
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