We're seeing a shift in the housing market nationwide, with more homes being listed and total inventory rising—up 0.5% in the four weeks ending August 23, marking the highest levels since early Q2. Even as new listings edged up 0.4% weekly, demand has softened; pending sales dipped 1.1% to a six-month low, as affordability remains a concern with the median US sale price climbing 1.9% year-over-year to over $400,000 and mortgage rates hovering near 7%, close to a 13-month high. For those actively searching, these conditions are creating more buyer-friendly opportunities: increased inventory means greater negotiating power, especially on homes that have been on the market for several weeks. Sellers who are pricing realistically—rather than holding out for last year’s numbers—are seeing better results. Drawing on my data-driven approach and deep understanding of both the DFW Metroplex and the needs of our Bangladeshi and Muslim communities, I monitor these trends closely to help guide buyers, sellers, and investors toward smart decisions in today’s changing market.
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