More Homes, More Leverage: Is the Market Finally Tilting Toward Buyers?

More homes are hitting the market, and buyers may finally be gaining the upper hand—with surging inventory, slowing price growth, and shifting market conditions reshaping the spring housing landscape. Tim Lucas and Craig Berry break down what’s driving this change and what it means for buyers and sellers in today’s market.In this episode you’ll learn:Why pending home listings are surging: New listings jumped nearly 30% month-over-month, signaling strong spring activity and renewed momentum.How inventory is changing the market: Housing supply has increased for 28 straight months, giving buyers more options than in recent years.What’s happening with home prices: Price growth remains modest, rising less than 1% annually, which could ease pressure on buyers.Where buyers have the advantage: Many markets—especially in the South and West—are shifting toward buyer-friendly conditions.Why location matters more than ever: While some areas favor buyers, others in the Midwest and Northeast still lean toward sellers.How the “Market Clock” explains trends: A new tool helps visualize whether buyers or sellers have the upper hand in different regions.The role of mortgage rates: Rates remain volatile and could impact affordability, even as market conditions improve for buyers.How global events affect housing: Factors like geopolitical tensions can influence inflation and mortgage rate movements.What this means for buyers: Increased inventory and negotiating power could create new opportunities—if buyers act strategically.The big question: Is this a temporary shift, or the start of a longer-term move toward a more balanced housing market?Read the full article: https://www.mortgageresearch.com/articles/spring-housing-market-inventory-rises-buyers-gain-ground/