Posted on 07/07/2026 8:07:44 PM PDT by SeekAndFind
After several years of a lean and pricey housing market, real estate agents are starting to see more balance.
In the second quarter of the year, 44% of real estate agents surveyed in CNBC’s Housing Market Survey said they were seeing a balanced market between buyer and seller. That share is up from 30% in the third quarter of last year, when CNBC began its quarterly survey.
“It certainly feels like, depending on the home, depending on the neighborhood, depending on the condition and the price point, that both the buyer and the seller do have a little bit of leverage,” said Jeremy Kane, a real estate agent with EXP Realty in Denver.
The CNBC Housing Market Survey is a national inquiry of real estate agents selected randomly across the United States. Responses for the second-quarter survey were collected between June 23 and June 30. This quarter, 53 agents shared their insights.
Home sales in May were up slightly, 3% higher than the same month last year, according to the National Association of Realtors. That was the result of more supply on the market and easing prices.
Sellers appear to be getting more realistic when pricing their homes, not expecting the huge jumps seen in the first two years of the pandemic.
“No one really seems to be fighting me much on price like they used to,” said Bruce Jones, an agent with Compass in Nashville, Tennessee. “We’re not really seeing huge decreases in prices. We’ve kind of plateaued, but I don’t see people arguing too much about that. If it’s priced correctly, it is moving.”
Agents who reported at least one price cut to active listings dropped dramatically in CNBC’s second-quarter survey, at 57% compared with 89% during the third quarter of 2025.
(Excerpt) Read more at cnbc.com ...
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Illegals out, prices go down..............
Illegals. Put out a public announcement. Big screens at stadiums showing the World Cup when Mexico plays. Just don’t let them leave until they show proof of legality. Taco trucks and free margaritas.
Notice how they slip in Covid as the cause for price increases and not illegal coming across the border.
Real estate agents now report seeing a balanced market.
Illegals live on both sides of the tracks?.
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