How Recent Market Changes Affect Home Buyers and Sellers

by Craig Hudkins

The real estate market is a living, breathing thing—constantly shifting in response to economic trends, interest rates, and even local events. In 2026, we’re seeing some fascinating changes that directly impact both buyers and sellers across North America. Let’s break down what’s happening and what it means for you.

Interest Rates: The Rollercoaster Ride 🎢

After years of historically low rates, interest rates have started to climb. For buyers, this means higher monthly payments and a bit more caution when house hunting. Sellers, on the other hand, might notice fewer bidding wars and a slight cooling of the previously red-hot market.

  • Buyers: You may need to adjust your expectations or explore creative mortgage options. Getting pre-approved is more crucial than ever.
  • Sellers: Pricing your home competitively and being open to negotiations can help you stand out.

Inventory Shifts: More Choices, New Challenges

Good news for buyers: inventory is finally starting to increase in many regions! That means more choices, less pressure, and the chance to find a home that truly fits your needs. For sellers, this means a bit more competition, so staging and marketing matter more than ever.

Technology’s Growing Influence

Virtual tours, AI-driven pricing tools, and online open houses are now the norm. Both buyers and sellers benefit from these innovations, making the process smoother and more transparent.

What’s Next?

Whether you’re buying or selling, staying informed is the best way to navigate these changes. Connect with a trusted real estate professional who understands the nuances of today’s market—you’ll be glad you did!

Craig Hudkins
Craig Hudkins

Broker

+1(509) 979-5338 | craig@hre.homes

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