Negotiation Is Back

Here’s a shift worth noticing if you’re buying: negotiation is a normal part of the process again.

Nearly half of sellers - 46% in May - gave buyers some form of concession, a record for that month. Price reductions are far more common than they were during the frenzy.

For buyers, that’s not a warning sign. A reduced price is often an invitation to look closer, not a reason to stay away. Inspections, repairs, closing costs, timing - these are conversations again, not sacrifices you make to win a bidding war.

One honest caveat: more negotiation doesn’t mean buyers control every market. A well-priced home in a tight area can still move fast. But the list price is no longer the whole conversation.

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