We're seeing a shift in the real estate landscape: US pending home sales have reached a six-month low, while new listings and inventory have climbed. This opens up a window of opportunity for buyers to negotiate with more confidence than we’ve seen in quite some time. The median home price is now $400,649—a 1.9% increase—even as higher mortgage rates continue to push up monthly payments. In several markets, price reductions and increased seller concessions are making the process even more favorable for buyers. After 17 years guiding clients through every market cycle across Rosenberg, Richmond, Sugar Land, and beyond, I know how important it is to have the right strategy when the market tips in your favor. My team and I at JD Realty Advisors are keeping a close eye on these trends to help you make the most of your next move.
