Latest survey found 44% saw a balanced market where neither buyers nor sellers held a clear advantage, after years of tight supply and high prices.
Growing inventory and more realistic pricing helped homes move when priced correctly, while home values stayed slightly above yearly levels and asking prices ↓~3% yearly.
Only 40% of respondents reported at least one contract cancellation in the latest survey, suggesting pricing and buyer expectations are aligning more closely.
Buyer concerns now center more on mortgages, with 37% citing rates as the top issue while the avg. 30-yr fixed stayed in the mid-6% range.
Current supply reached 1.1M homes, inventory ↑~2% yearly and new listings ↑~2%, while just 19% expected improvement and 67% expected steady sales.
