In July, 1 in 7 home-purchase agreements fell through, the highest share in nearly three years. But cancellations aren’t suddenly surging, the bigger story is that buyers have more negotiating power.
With nearly 51% more sellers than buyers, homebuyers have more options and more
More homes are hitting the market, but fewer buyers are purchasing them, giving house hunters an opportunity to negotiate prices and ask for concessions.
Chen Zhao, Redfin’s head of economics research said, “House hunters should consider homes that have been listed for several
Texas buyers may have a window to find a deal. 🏡
Houston is the state’s strongest buyer’s market, followed by San Antonio, Austin, Dallas and Fort Worth. Sellers are cutting prices and offering concessions, but well-priced, move-in-ready homes can still draw multiple offers.
Buyers have more room to negotiate. 🏡
Sellers outnumbered buyers by 51% in July, while the number of buyers in the market fell to a record low. Nearly 80% of major U.S. metros are now buyer’s markets, and in most of them, the balance shifted even further in buyers’ favor last
Humboldt Park, Huntly and Belmont Cragin are Chicago's hottest neighborhoods of 2026, offering a mix of space, amenities, and affordability.
According to Redfin Principal agent Dan Close, these neighborhoods tend to appeal to buyers who want to stay close to established
