3 Reasons to Buy a Home This Summer

1. Stronger Buyer Leverage

Today’s market is shifting. Gone are the swift bidding wars of recent years—sellers are more open to negotiation. With increased inventory and homes staying on the market longer, buyers now wield more power to:

• Negotiate lower prices

• Request that sellers contribute to closing costs

• Get repairs completed prior to closing

As Lawrence Yun, NAR's Chief Economist, notes: “With housing inventory levels reaching five‑year highs, homebuyers in nearly every region are in a better position to negotiate more favorable terms.” 

2. More Homes to Choose From

This May, more homes were listed than in previous years—giving buyers a much wider selection. In a balanced market, you’re more likely to find a property that meets your criteria—location, layout, and value.

Economist Jake Krimmel from Realtor.com emphasizes: “With more fresh inventory hitting the market, buyers have better opportunities to find a home that fits their needs.” 

3. Better Price Flexibility

With increased supply and slowed sales, more sellers are adjusting their expectations. Nearly 20% of listings saw price reductions in May—a five-month consecutive trend. 

That means a home that's slightly above your budget today might become attainable with a well-timed offer.

What You Should Do Next

1. Pre‑qualify for a mortgage to know your budget and strengthen your offers.

2. Explore listings now—view the full range of available homes before competitive buyers return to the summer market.

3. Work with a savvy agent who understands local trends and can help you craft strategic offers.

Why This Matters in St. Augustine

As a native and managing broker in St. Johns County, I’ve seen local sellers adjusting their pricing and offering buyer-friendly terms. Summer in this region traditionally brings seasonal activity—but this year, conditions give you even more advantage.

Take advantage of:

• Generous seller concessions

• Ample inventory

• Opportunities to negotiate a better deal

In Summary

This summer offers a rare alignment of factors that create a more balanced, buyer-favorable market:

• Choice — more listings and varied options

• Power — less competition and stronger bargaining

• Value — realistic pricing and flexible sellers

If you're considering a move—whether buying your first home, upgrading, or investing—there’s no better moment to act than now.

Let’s Talk!

Curious about your buying power in St. Augustine? Want to review available properties or get mortgage-ready? I’m here to help you navigate every step—reach out today, and let’s make your home dreams a reality.