
Hello! đ If you donât know me or havenât read my blogs before, Iâm Deanna Parson, the Buyerâs Agent with the #1 ERA Real Solutions Realty Team in Northern Kentucky â This Girl Sells Houses Team. I love keeping clients and local homeowners up to date on whatâs really happening in our market, so letâs dive into this weekâs big trend: buyers are finally starting to gain some ground.
After several years of low inventory and intense bidding wars, the real estate market is finally showing early signs of balance â and in some areas, even leaning slightly toward buyers. While affordability and rates are still factors, the overall landscape is shifting, giving todayâs buyers more leverage than theyâve had in quite some time.
After several years of low inventory and intense bidding wars, the real estate market is finally showing early signs of balance â and in some areas, even leaning slightly toward buyers. While affordability and rates are still factors, the overall landscape is shifting, giving todayâs buyers more leverage than theyâve had in quite some time.
đ The Market Is Evolving
According to Redfin, there are now about 500,000 more home sellers than buyers nationwide, a key shift thatâs changing the tone of negotiations. Both Redfin and Realtor.com report that inventory is climbing, days on market are increasing, and price reductions are becoming more frequent.
A recent Newsweek survey found that:
- 74% of agents say buyer urgency has dropped compared to last year.
- 81% say buyers are gaining power in their local markets.
đĄ What This Means for Buyers
If youâve been waiting for the right moment to buy, this could be your window of opportunity. Buyers are finding it easier to:
- Negotiate price adjustments on homes that have been listed longer.
- Ask for closing-cost assistance or rate buydowns from sellers.
- Shop around more comfortably without the pressure of multiple offers.
While mortgage rates still influence affordability, the increased supply of homes is creating breathing room for many buyers to make confident decisions.
đ What This Means for Sellers
Sellers should be aware that expectations from the past few years are shifting. Todayâs buyers have options, which means strategic pricing, presentation, and marketing are essential.
- Start with a competitive listing price based on current market data.
- Consider incentives like a rate buydown or home warranty to attract more buyers.
- Work with a team that knows how to position your property in a competitive market.
đŹ Final Thoughts
The market isnât slowing down â itâs normalizing. For both buyers and sellers, understanding these trends is key to navigating whatâs next.
As the Buyerâs Agent for This Girl Sells Houses Team â ERA Real Solutions Realty, I specialize in helping clients take advantage of opportunities like this. Our team is proud to be the #1 ERA Real Solutions Realty team in Northern Kentucky, with over 25 years of combined experience and more than 900 lifetime transactions.
If youâre curious how these changes affect your buying or selling goals, letâs talk about your next move.
đ˛ Deanna Parson â Buyerâs Agent
This Girl Sells Houses Team | ERA Real Solutions Realty
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