Housing Options Expand, Offering Buyers More Choices in August

August brought a noticeable shift in the housing market: inventory climbed 1.2% from July and 3% year-over-year, even as new listings dropped by 5%. Pending sales edged down 0.2%, and median list prices saw a 1.3% dip. With mortgage rates ticking higher, activity is cooling off a bit. As someone who thrives on negotiation and always keeps my clients’ interests front and center, I see opportunities in these market changes. Whether you’re navigating DC or Maryland real estate, having a disciplined strategy and the right advocate on your side can make all the difference—especially as the pace of the market shifts.