06/09/2026
Looking for a sign that buyers are still out there? This might be it.
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Despite mortgage rates remaining near their highest levels of the year, buyer demand continues to surprise.
Why?
Because today’s housing market is being pulled in two different directions.
On one side are higher interest rates.
On the other is growing wealth from strong stock markets, business growth, and rising net worth.
This week’s numbers tell the story:
• Pending home sales are up 9% from last year
• Inventory remains tight at just over 1 million homes nationwide
• Homes going under contract are selling at higher prices than a year ago
• Price reductions are increasing, creating opportunities for buyers
What does this mean if you’re searching for a home?
The market isn’t moving in one direction.
Some homes are seeing strong competition, while others are giving buyers more room to negotiate.
In today’s market, opportunity isn’t disappearing. It’s becoming more selective.
Thinking about making a move?
Let’s talk about what these trends mean in your neighborhood.
