More Homes Available: Opportunities Grow for Buyers

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Staying on top of the latest numbers is key to navigating the housing market with confidence. We’ve just seen new home listings rise 0.4%, marking the highest level since April—while the total homes for sale are also up 0.5%, reaching a high not seen since May. However, it’s important to note that pending home sales have dipped by 1.1% to a six-month low, reflecting the continued impact of higher costs and mortgage rates holding steady around 6.65%.

In my experience—drawing from both my Fortune 100 leadership and extensive real estate background—these shifts highlight just how dynamic the market can be. As part of a team that’s immersed in real estate activity daily, my goal is to help you understand not just the numbers, but what they mean for your unique situation. Whether you’re considering a move or simply want to make sense of the trends, having timely, clear information empowers you to make decisions with confidence.

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