Buyers gained leverage as rates and uncertainty cooled urgency, while sellers still priced carefully to attract serious offers in today's shifting US market.
30-yr rates touched the mid-6% range in Early-Q2, then moved into the low-6% range, keeping payment math central for buyers and sellers.
Agent Survey Split
Midwest sellers' markets: 70%
Northeast sellers' markets: 74%
South sellers' markets: 13%
West sellers' markets: 22%
Well-priced homes can still draw multiple offers. Buyers may win repair payments, covered closing costs, or flexible move-in timing in softer markets.
Experts said a turnaround depends on rate stability, steady job growth, and less volatility; improved affordability could support stronger optimism into 2027.
US Buyers Gain More Negotiating Room
