Homebuyers Gain More Options as Demand Cools

July brought a noticeable shift in the market—U.S. homebuyer demand dropped to a record low, with sellers now outnumbering buyers by 51.3%. Rising mortgage rates and economic uncertainty have made this a strong buyer’s market in many cities, while only six metro areas held onto their seller’s market status. As someone who loves helping clients navigate these ups and downs, I see this as an opportunity for those ready to explore their next adventure. Every market tells a new story, and I’m grateful to be part of yours.