The latest numbers from the National Association of REALTORS show the real estate market is still keeping us on our toes. In July 2026, existing-home sales dipped 1.7% compared to last month, but we saw a modest 0.7% increase year-over-year—totaling 4.06 million homes sold. Inventory remains tight at 1.54 million units, while the median price climbed 2.0% to $434,100. Mortgage rates averaged 6.54%, but it’s worth noting that overall affordability has improved nationwide.
As someone who lives and works right here on the lake, I know these shifts aren’t just numbers—they impact real people and real dreams. Whether you’re considering selling and want to maximize your home’s value, or you’re searching for that perfect lakeside retreat, understanding these trends can help you make informed decisions and move forward with confidence.
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