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Redfin agents say buyers have more room to negotiate, but the best listings still require sharp preapprovals and fast execution.
Redfin reported on August 6, 2026 that the summer housing market has slowed, giving homebuyers more time, more choices and more negotiating power. The report is based on Redfin agent observations and names Redfin, Austin, Chicago, Nashville and San Diego among the entities tied to the story.
For mortgage professionals, the useful part is the split market Redfin describes: sellers are adjusting expectations, but well-priced, move-in-ready homes are still moving quickly. That means buyers may have more leverage, but only if the loan officer and agent understand which listings are negotiable and which still require speed.