For many potential homebuyers, the question of when to jump into the market can feel overwhelming. With shifting market dynamics and headlines often focused on rising rates or tight inventory, it’s easy to put off the decision. But this summer is shaping up to be a standout opportunity for buyers — perhaps the best in years. Here are three key reasons why.

1. Buyers Have More Negotiating Power

Over the past few years, the market has heavily favored sellers. Multiple offers, waived inspections, and bidding wars pushed buyers to the sidelines or forced them to stretch beyond their comfort zones. This summer, that trend is shifting.

New data shows there are now more sellers than buyers in many areas, creating a more balanced — and even buyer-friendly — market. With housing inventory at a five-year high in numerous regions, buyers have regained the leverage to negotiate repairs, request seller credits, or secure better pricing terms. Rather than racing against dozens of competing offers, today’s buyers can approach their purchase with a more strategic mindset.

2. More Inventory Means More Choices

Inventory shortages have been one of the biggest challenges for buyers in recent years, but that's beginning to change. May 2025 marked the most active month for new listings in the past three years. More homes on the market mean more options to choose from, allowing buyers to find properties that truly meet their needs rather than settling for what’s available.

With more choice comes less urgency and less pressure to bid far above asking price. This increase in supply helps moderate price growth and empowers buyers to take their time and find a home that feels like the right fit.

3. Sellers Are Becoming More Flexible on Price

While overall home prices aren’t plummeting, sellers who initially listed their homes at overly ambitious prices are now adjusting to market realities. Nearly one in five homes currently on the market has seen a price reduction — a level that brings price trends closer to pre-pandemic norms.

These adjustments don’t indicate a crash, but they do signal a return to more realistic pricing strategies. Buyers today are less likely to encounter inflated listing prices and more likely to negotiate favorable terms, making it an ideal time to secure a better deal.

A Unique Window of Opportunity

This summer presents a rare combination: increased inventory, stronger negotiating power, and more reasonable pricing. Instead of waiting for the "perfect" market conditions, buyers can focus on taking advantage of this window when the market is working in their favor.

And while mortgage rates remain a consideration, it’s worth remembering that rates can always be refinanced later. The opportunity to secure the right home in the right neighborhood, however, may not come around again.

For those considering making a move, this summer could be the moment to act — with more options on the table and a stronger position at the negotiation table. It may just be the best time to find the perfect home in years.

Join Jackie and Randolf in this week's Market Update Video!