Redfin Housing Report Points to a More Balanced Real Estate Market in 2026

The national housing market may finally be settling into a healthier and more balanced phase.

According to recent housing data from Redfin, home sales have increased compared to last year, inventory levels are improving, and mortgage rates remain slightly lower than they were a year ago. While affordability continues to be an important factor for buyers, these shifts are helping create more flexibility and opportunity across many housing markets.

That trend is increasingly visible throughout Spokane and Coeur d’Alene as well.

For the past several years, many buyers faced extremely competitive conditions with limited inventory, rapid price increases, and very little negotiating power. Sellers often benefited from multiple offers and compressed timelines. Today’s market feels different. Activity remains steady, but buyers are becoming more thoughtful and strategic about pricing, condition, location, and long-term value.

In Spokane and Coeur d’Alene, well-prepared homes are still attracting strong attention, especially properties that are priced correctly and marketed effectively from the start. At the same time, buyers are beginning to regain a bit more breathing room to evaluate homes carefully and negotiate more confidently.

One of the more interesting developments in this market cycle is that balance itself may actually be a positive sign.

Balanced markets often create healthier long-term outcomes for both buyers and sellers because success depends less on urgency and more on preparation, timing, pricing strategy, and understanding local neighborhood trends.

National headlines can provide helpful context, but real estate remains deeply local. Conditions can vary significantly between neighborhoods, price ranges, school districts, and even individual streets throughout Spokane and Coeur d’Alene.

Whether you are considering buying, selling, or simply trying to better understand the market, staying informed about both national trends and local market dynamics can make a meaningful difference.

Source Article

Redfin United States Housing Market Overview

New Redfin housing data points toward a more balanced market with improving inventory and increased opportunities for buyers and sellers in Spokane and Coeur d’Alene.