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For mortgage professionals, the August 2026 Redfin data point to more negotiating room for buyers in inventory-heavy markets, but not everywhere.
The buyer’s market reached its strongest level on record in August 2026, according to Redfin, with sellers outnumbering buyers by 58%. Redfin published the analysis on September 10, naming the Sun Belt as the main driver and pointing to a combination of rising listings and demand that has not kept pace.
For loan officers, this is the kind of market read that can change the tone of a pre-approval conversation. In places like Nashville, Miami and Houston, Redfin said sellers outnumbered buyers by more than two-to-one, while New York City led the small group of markets where sellers still had the upper hand.