One of the reasons I enjoy following housing research each week is that it helps separate headlines from reality.
Realtor.com’s latest Weekly Housing Trends report suggests that many parts of the country continue moving toward a more balanced housing market. Inventory has improved compared with a year ago, giving buyers more options while sellers continue adjusting to changing conditions. Realtor
It’s tempting to ask whether this is now a buyer’s market or a seller’s market.
In my experience, that’s usually the wrong question.
A better question is:
What does today’s market look like where you live?
That’s because real estate has always been local.
Some neighborhoods continue seeing homes sell quickly, while others offer buyers additional time to evaluate properties and negotiate.
For buyers, a balanced market often means having more opportunities to compare homes, include appropriate contingencies, and make thoughtful decisions.
For sellers, it reinforces the importance of pricing a home appropriately, presenting it well, and understanding current buyer expectations.
One thing I appreciate about today’s market is that it rewards preparation.
Whether you’re buying your first home, moving up, downsizing, or simply wondering what your home may be worth, understanding your local market is far more valuable than reacting to a national headline.
If you’d like to discuss what we’re seeing here in Spokane, Spokane Valley, Mead, Colbert, Liberty Lake, Coeur d’Alene, or Post Falls, I’d be happy to help interpret the data and what it may mean for your situation.
Source: Realtor.com Weekly Housing Trends: U.S. Market Update (Week Ending August 1, 2026).