Is there a Market Shift Happening?

🏡 More Listings. More Leverage. A Market Shift Is Happening.

 This summer’s market is starting to shift—and it’s creating real opportunity for buyers.

• 📈 Inventory is up 33.1% year-over-year, and new listings rose again this week, according to Altos Research.
• 🏷️ Nearly 40% of active listings have had a price reduction—the highest share we’ve seen this year.
• 📝 Meanwhile, buyer activity is picking back up: mortgage applications are up 10.3% this week and nearly 30% higher than this time last year (MBA). 

Rates dipped slightly after a cooler-than-expected inflation report and are expected to stay within this current range—giving buyers some rate stability to work with. Rates are currently hovering around 6.7%

Down payment assistance programs are back helping buyers overcome some of the high costs of purchasing a home currently. Our preferred lender can check quickly and easily to see if you qualify for any down payment assistance. 

There are also VA and USDA loans with zero down requirements. To find out more about down payment requirements or assistance, you can start here