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Why Buyers and Sellers Face Very Different Conditions Today

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ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you live. Curious what’s happening in your state?

These 3 maps show how the split is playing out across the country. In each one:

  • Darker Shades of Blue = Buyer friendly
  • Lighter Shades of Blue = Seller strong

Inventory Sets the Stage

While the number of homes for sale has improved pretty much across the board, how much growth we’ve seen can look dramatically different based on where you live. And that impacts who has the leverage today.

This map uses data from This explains why some sellers in these darker blue states are feeling frustrated when their listings linger, while others in tighter markets (like the lighter blue states) are still seeing their homes sell quickly.

Why an Agent’s Local Expertise Is the Key To Unlocking Today’s Market

Basically, the housing market is experiencing a divide. And conditions are going to vary a lot based on where you live, where you’re moving, and if you’re buying or selling. While the state-level information helps, what really matters is what’s happening in your town and your neighborhood. And only a local agent truly has the information you need.

Bottom Line

Want to know what conditions look like in your neighborhood?

If you want to understand which side of the market you’re on, connect with a local agent. They’ll walk you through the numbers and what they mean for your next move.

Condos Could Be a Win for Today’s Buyers

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Beds Baths Sq.Ft.
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ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in.

For first-time buyers, they can be a smart way to get into homeownership without stretching your budget. For downsizers, they offer less space to maintain with the flexibility to stay in a great location.

And right now, condos are one of the most buyer-friendly parts of the market.

Condo Inventory Is Up, And That Means More Choice

According to the National Association of Realtors (NAR), there are That doesn’t just help with affordability, it also shifts the power dynamic. Condo buyers in many markets are now in a position to negotiate on price and ask for concessions, like help with closing costs.

Bottom Line

Condos aren’t just a fallback option. In today’s market, they’re one of the most strategic ways to buy. With more options, softening prices, and more room to negotiate, now could be the right time to make your move.

Could a condo check more boxes than you expected? Talk through your options with a local real estate agent and find out.

Why Selling Without an Agent Can Cost You More Than You Think

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Cutting out the agent might seem like a smart way to save when you sell your house. But here’s the hard truth.

Last year, homes that sold with an agent went for almost And while inventory growth is going to vary by local market, nationally, this graph shows the number of homes for sale is inching back toward normal.

With more listings available, that means buyers can be more selective. They’ll compare your home to others on price, condition, photos, location, and more. If yours doesn’t stand out, it will get skipped over.

More Inventory = More Competition for You

Selling today requires the latest pricing strategy, expert prep work, professional marketing, and strong negotiation skills. And if you’re not bringing all of that to the table, chances are, you’re going to feel it in your bottom line.

More Homeowners Are Turning To the Pros

That’s why even more home sellers are working with agents today. Data from the National Association of Realtors (NAR) shows a record-low percentage of homeowners sold without an agent last year. And the few sellers who tried to sell on their own realized their mistake pretty quickly.

According to Zillow, 21% of homeowners ended up hiring an agent anyway after struggling to sell on their own.

So, why take the risk? With a local pro, you’ll have:

  • Pricing precision to attract buyers and maximize your return
  • Expert staging and presentation advice to highlight your home’s best features
  • Pro-level marketing, including the best exposure and access to buyer networks you can’t reach on your own
  • Skilled negotiation to evaluate offers and navigate inspections, protecting your bottom line
  • Local market expertise that helps your listing stand out based on what inventory looks like in your area

An agent’s expertise isn’t optional anymore. It’s essential.

Bottom Line

In a market with more listings and pickier buyers, many sellers who try to sell on their own end up working with an agent anyway. So why not start there?

Connect with an agent so you have a pro who knows exactly what it takes to sell your house in today’s market, for the best possible price, without leaving money on the table.

Reach out to an agent if you want a professional assessment on what your house could sell for today.

 

Today’s Tale of Two Housing Markets

Listed on Listed by MLS#
Beds Baths Sq.Ft.
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ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets.

What’s a Buyer’s Market vs. a Seller’s Market?

In a buyer’s market, there are more homes for sale and not as many buyers. That means homes sit longer, buyers have more negotiating power, and prices tend to soften as a result. It’s simple supply and demand.

On the flip side, a seller’s market happens when there aren’t enough homes available for the number of people looking to buy them. Because buyers have to compete with each other to get the house they want, that leads to faster sales, multiple offers, and rising prices.

Right now, both of these scenarios are playing out, depending on where you are. So, how do you know what kind of market you’re in? Lean on a local real estate agent. They’ll explain what’s really happening in your area based on these key drivers.

The Number of Buyers and Sellers by Region

One of the biggest factors impacting each market is the number of active buyers and sellers. According to Redfin, here’s what that looks like by region (see graph below):

This is why it’s the tale of two markets. Roughly half of the top 50 metros are up, and half are relatively flat or down.

That said, don’t panic if you own a home in a market where prices are dipping. Most homeowners have built up significant equity over the past few years, and chances are you have too. So, you’re likely still come out way ahead when you sell.

Why Local Insights Matter

Even in regions that lean more buyer-friendly right now, there will be cities, towns, and even neighborhoods that don’t follow the regional trends. That’s why an agent’s local market expertise is so important. They can help you understand what’s happening all the way down to a zip code level, including:

  • Whether your area is favoring buyers or sellers
  • How to set the right price or craft an offer strategy based on local trends
  • The best way to make your move happen, no matter what’s happening in the market

Bottom Line

In a market where conditions vary this much from place to place, success starts with understanding every aspect of your local area. Connect with a local agent so you’ve got an expert in your corner who knows exactly how to guide you through your market, wherever you are.

Why a Newly Built Home Might Be the Move Right Now

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
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ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Are you looking for better home prices, or even a lower mortgage rate? You might find both in one place: a newly built home. While many buyers are overlooking new construction, it could be your best opportunity in today’s market. Here’s why.

There are more brand-new homes available right now than there were even just a few months ago. According to the most recent data from the Census and the National Association of Realtors (NAR), roughly 1 in 5 homes for sale right now is new construction. So, if you’re not looking at newly built homes, you’re missing out on a big portion of what’s available.

And with more new homes on the market, builders are motivated to sell their current inventory. As a result, many are taking steps to draw in buyers.

Builders Are Cutting Prices

According to Buddy Hughes, Chairman of the National Association of Home Builders (NAHB):

“Almost 40% of home builders reduced sales prices in the last month . . .”

That means builders are being realistic about today’s market and adjusting to what buyers can afford. It’s their way to keep their inventory moving.

So, builders may be more willing to negotiate price than you’d expect – and that means your dollar may go further if you buy a newly built home. Lean on your agent to see what’s available and what incentives builders are offering in and around your area.

Builders Are Offering Lower Mortgage Rates

Here’s something most people don’t know. Right now, buyers of brand-new homes often get better mortgage rates than buyers of existing homes.

That’s because many builders are also offering rate buydowns to make their homes more attractive and keep sales moving. Basically, they’re willing to chip in to lower your rate, so you’re more likely to buy one of their homes.

Data from Realtor.com shows, in 2023 and 2024, buyers of newly built homes got a mortgage rate around half a percent lower compared to those who bought existing homes (see graph below):

That kind of savings adds up and makes a big difference when you’re figuring out your monthly budget.

So, if you haven’t found something you love yet, it’s time to add newly built homes to your search. You may find that what you’ve been looking for is already out there, it’s just in a new home community.

Bottom Line

More choices, the potential to negotiate on the price, and maybe even better mortgage rates make these options a bright spot in today’s housing market.

If you haven’t considered a newly built home yet, what’s holding you back?

Talk to a local real estate agent about what’s available and if a newly built home makes sense for you.

Selling and Buying at the Same Time? Here’s What You Need To Know

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
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ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

If you’re a homeowner planning to move, you’re probably wondering what the process is going to look like and what you should tackle first:

  • Is it better to start by finding your next home?
  • Or should you sell your current house before you go out looking?

Ultimately, what’s right for you depends on a lot of factors. And that’s where an agent’s experience can really help make your next step clear.

They know your local market, the latest trends, and what’s working for other homeowners right now. And they’ll be able to make a recommendation based on their expertise and your needs.

But here’s a little bit of a sneak peek. In many cases today, getting your current home on the market first can put you in a better spot. Here’s why that order tends to work best (and how an agent can help).

The Advantages of Selling First

1. You’ll Unlock Your Home Equity

Selling your current home before you try to buy your next one allows you to access the equity you’ve built up – and based on home price appreciation over the past few years, that’s no small number. Data from Cotality (formerly CoreLogic) shows the average homeowner is sitting on $302K in equity today.

And once you sell, you can use that equity to pay for the down payment on your next house (and maybe even more). You could even have enough to buy your next house in cash. That’s a big deal, and it could make your next move a whole lot easier on your wallet.

2. You Won’t Be Juggling Two Mortgages

Trying to buy before you sell means you could wind up holding two mortgages, even if just for a few months. That can get expensive, fast – especially if there are unexpected repairs or delays. Selling first removes that stress and helps you move forward without the financial strain. As Ramsey Solutions says:

“It’s best to sell your old home before buying a new one to avoid unnecessary risks and possible headaches.”

3. You’ll Be in a Stronger Position When You Make an Offer

Sellers love a clean, simple offer. If you’ve already sold your house, you don’t need to make your offer contingent on that sale – and that can help you stand out. Your agent can position your offer to be as strong as possible, so you have the best shot at getting the home you want.

This can be a big advantage in competitive markets where sellers prefer buyers with fewer strings attached.

One Thing To Keep in Mind

But, like with anything in life, there are tradeoffs. As you weigh your options, consider this potential drawback, too:

1. You May Need a Place To Stay (Temporarily)

Once your house sells, you may need a short-term rental or to stay with family until you can move into your next home. Your agent can help you negotiate things like a post-closing occupancy (renting the home from the buyer for a set period) or flexible closing dates to help smooth out that transition as much as possible.

Here’s a simple visual that can help you think through your options (see below):

But the best way to determine what’s best for you and your specific situation? Talk to a trusted local agent.

Bottom Line

In many cases, selling first doesn’t just give you clarity, it gives you options. It helps you buy with more confidence, more financial power, and less pressure.

If you’re ready to make a move but not sure where to begin, talk to a local agent. They’ll walk you through your equity, your timing, and your local market so you can decide what’s right for you.

3 Reasons To Buy a Home This Summer

Listed on Listed by MLS#
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<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
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ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Are you thinking about That’s the fifth straight month where more sellers have reduced their price. And, as of May, the volume of price cuts is back at normal levels. This is yet another sign of the return to a more balanced market.

While you shouldn’t expect a big discount, you may find sellers are a bit more flexible right now. As a recent article from The Street says:

“Although sellers have had the upper hand in the housing market over the past few years, houses are now staying on the market for longer, shifting negotiating power back to homebuyers.”

Just remember, most sellers still aren’t adjusting their prices – just the ones who overpriced to start with. So, this isn’t a sign of a crash, it’s a sign of some sellers having outdated expectations in a shifting market.

Bottom Line

This summer brings a powerful combo for buyers: more homes to choose from, less competition, and sellers being more flexible on pricing. If you’re ready to make a move, connect with a local real estate agent. They’d love to help you take the next step.

What would finding the right home this summer mean for your next chapter?

Is Inventory Getting Back To Normal?

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

After years of it feeling almost impossible to find a home you want to buy, things are changing for the better.

Nationally, inventory is growing, and that gives you more options for your move. But here’s what you need to know. That level of growth is going to vary based on where you live. And that’s why you need an agent’s local market expertise.

Here’s a quick rundown of the current inventory situation, so you know what’s happening and what to expect.

Significant Growth Across the Nation

Nationally, the number of homes for sale is rising – and that’s true in all regions of the country. That’s shown in this Here’s what that means for you. Across the board, you have more options now than you would’ve just one year ago. And that’s a really good thing. More choices means it should be a bit easier to find a home you love.

But not all markets are the same – some will take a bit longer to get back to more typical levels. So, lean on a local agent to find out what the inventory situation looks like where you want to live. They’ll be able to tell you how much growth they’ve seen locally and how to tailor your home search based on what’s available in that area. This is just one of the reasons a local agent’s perspective matters. 

Bottom Line

Inventory is getting better, but how long it takes to get back to normal is going to be different based on where you’re looking to buy. Talk with a local real estate agent about what’s happening in your local market and how it affects your next move.

What’s one thing you’ve noticed lately that makes the market feel different than it did a year or two ago?

More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.

But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of the market returning to a more stable, healthy place.

What’s Going on With Inventory?

Based on the latest And one of the reasons this housing shortage kept growing is because new home construction just didn’t keep up with the number of people who need to buy homes. In fact, the U.S. is actually short millions of homes at this point, and it will take years to overcome that gap. Realtor.com says :

“At a 2024 rate of construction relative to household formations and pent-up demand, it would take 7.5 years to close the housing gap.”

That means, in most areas, there isn’t a risk of having too many houses on the market right now. It’s quite the opposite – a vast majority of markets actually need more homes.

Which is why, even though inventory is rising, it’s not a problem on a national scale. It’s just helping to fill a gap that’s been growing for years.

Bottom Line

Don’t let the headlines scare you. Rising inventory isn’t a sign of a crash. It’s a step toward a more normal, stable housing market.

A Tale of Two Housing Markets

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

For a long time, the housing market was all sunshine for sellers. Homes were flying off the shelves, and buyers had to compete like crazy. But lately, things are starting to shift. Some areas are still super competitive for buyers, while others are seeing more homes sit on the market, giving buyers a bit more breathing room.

In other words, it’s a tale of two markets, and knowing which one you’re in makes a huge difference when you move.

What Is a Buyer’s Market vs. a Seller’s Market?

In a buyer’s market, there are a lot of homes for sale, and not as many people buying. With fewer buyers competing for these homes, that means they generally sit on the market longer, they might not sell for as much as they would in a seller’s market, and buyers have more room to negotiate.

On the flip side, in a seller’s market, there aren’t enough homes for sale for the number of buyers who are trying to purchase them. Homes sell faster, sellers often get multiple offers, and prices shoot higher because buyers are willing to pay more to win the home.

The Market Is Starting To Balance Out

For years, almost every market in the country was a strong seller’s market. That made it tough for buyers – especially first-timers. But now, things are shifting. According to Zillow, the national housing market is balancing out (see graph below):

This graph shows how inventory has changed compared to last year (blue bars) and compared to 2017–2019 (red bars) in different regions of the country.

The South and West regions of the U.S. have seen big jumps in housing inventory in the past year (that’s the blue on the right). Both are almost back to pre-pandemic levels. That’s why more buyer’s markets are popping up there.

But in the Northeast and Midwest, inventory is still very low compared to pre-pandemic (that’s why those red bars are so big). That means those areas are more likely to stay seller’s markets for now.

What This Means for You

Every local market is different. Even if the national headlines say one thing, your town (or even your neighborhood) could be telling a totally different story.

Knowing which type of market you’re in helps you make smarter decisions for your move. That’s why working with a local real estate agent is so important right now.

As Zillow says:

“Agents are experts on their local markets and can craft buying or selling strategies tailored to local market conditions.”

Agents understand the unique trends in your area and can help you make the best choices, whether you’re buying or selling. With their expert strategies, you can move no matter which way the market is leaning, because they know how to navigate various levels of buyer competition, how to find hidden gems locally, how to price a house right, how to negotiate based on who has more leverage, and more.

Bottom Line

If you’re ready to make a move, or even just thinking about it, connect with a local real estate agent. They’d love to help you understand your local market and create a game plan that works for you.

What’s one thing you’re curious about when it comes to the market in your area?

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