We’re seeing more homes come on the market, with new US listings up 0.4% and overall inventory rising 0.5% in the four weeks ending August 23—reaching the highest supply since early spring. Yet, even with more choices available, pending home sales dipped 1.1% to a six-month low. High housing costs and mortgage rates hovering around 7% (just shy of a 13-month high) are keeping many buyers on the sidelines, despite the improved selection.
What does this mean if you’re considering a move? The current climate is proving friendlier for buyers, who now have more room to negotiate on price or request concessions—especially on homes that have spent a few weeks on the market. For sellers, realistic pricing is key to attracting serious offers, as those chasing last year’s numbers are finding it tougher to close.
As someone who lives and works right here on the lake, I know firsthand how personal these decisions are. My goal is to help you navigate these shifting conditions with clear, honest advice—whether you’re hoping to find that perfect lakeside spot or position your property to stand out. The right strategy makes all the difference in a changing market.
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