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Appreciate the heads-up. Fraud and deferred maintenance are real risks when deals get stretched thin.
In any market cycle, clean books and actual property condition matter more than the story on paper. Due diligence still separates the solid opportunities from the expensive lessons.
Good reminder for everyone underwriting right now.
Buyers may be finding more negotiating power lately, but strong job growth in a handful of states could mean more competition is soon coming. Read more in NAR’s latest pending home sales report. #NARPHSnar.realtor/news/real-esta…
The average 30-year fixed mortgage rate eased to 6.65% this week (down from 6.67% last week), according to Freddie Mac. A year ago it stood at 6.58%.
Pending home sales remain soft — one of the weaker stretches of 2026 so far.
With rates still elevated and traditional sales lagging, more homeowners are showing flexibility on price and timing.
Quiet but meaningful shift in the market.
Source: Freddie Mac Primary Mortgage Market Survey (week of Aug 20, 2026)
#RealEstate#HousingMarket#TruAssign
@Leonajardinho Great post, thanks. Rising taxes and insurance are quietly creating more flexible sellers while making true housing costs harder to predict. Sorry about your cousin.
Sellers who need to close and sellers who just want to test the market behave very differently.
One negotiates. The other waits.
In today's buyer’s market, knowing the difference is half the job.
@follard The control piece is what most people underestimate until they’re in their peak earning years. Once you can actually deploy capital into cash-flowing assets, the 30-year lockup starts to feel very expensive.
@texasrunnerDFW Hard to say how low they’ll go, but 53% already cutting is a clear signal that more sellers are getting realistic on price and terms. Great data, thanks for sharing.
@jasonlewris Great maps and data - thanks. Clear signal - when price cuts, accidental landlords, and double-dippers all spike together, motivated inventory usually follows.
Sellers currently outnumber active buyers by nearly 50% nationally. Roughly 80% of major metros are now buyer’s markets, according to Redfin.
•Inventory is higher. Buyer competition is lower. Negotiating leverage has shifted.
•Underwriting deals in this environment is more favorable than it has been in years.
Source: Redfin — “The Number of U.S. Homebuyers Just Dropped to a Record Low” (July 2026)
A bipartisan bill called the More Homes on the Market Act now has the support of 154 House members and 23 Senators, and it would double the capital gains tax exclusion that home sellers can claim.
Read: rltor.cm/eOyAnn
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