3 Reasons To Buy a Home This Summer

June 20, 2025

Are you thinking about buying a home, but not sure if now’s the right time? A lot of people are waiting and wondering what the market’s going to do next. But here’s something only the savviest buyers realize:

This summer might actually be the best time to buy in years. Here are three big reasons why.

1. You Have More Negotiating Power

After several years of sellers having all the leverage, things are starting to shift. Check out the graph below. It uses data from Redfin to show that right now, there are more sellers active in the market than buyers:


Take a look at what happened back in 2021 through roughly 2023. In that time period, there were far more buyers (the blue line) looking to buy than homes for sale (the green line). That’s what drove the intense competition, bidding wars, and the exponential price growth the market saw back then.

Now, the market has shifted, and buyers are regaining their negotiating power as a result. With more sellers than buyers, sellers may be more willing to pay for repairs, cover some of your closing costs, or lower their asking price. The return of this kind of normal balance is a sign of a much healthier, more sustainable market. As Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), explains:

“ . . . with housing inventory levels reaching five-year highs, homebuyers in nearly every region of the country are in a better position to negotiate more favorable terms.”

And just in case you're worried there are too many homes on the market, here's what you should know. Overall inventory is still lower than normal, so you don’t have to worry about a nationwide oversupply or a crash.

2. You Have More Choices

The number of homes for sale has improved a lot. Based on the latest data from Realtor.com, more homes were listed this May than in May 2024 or May 2023 (see graph below):


And more homes for sale means more choices. There’s a good chance your perfect match just hit the market – or it will soon. So, it’s a great time to explore what’s out there. As Jake Krimmel, Economist at Realtor.com, says:

“With more fresh inventory hitting the market, buyers have better opportunities to find a home that fits their needs."

3. You May See More Flexibility on Price

With more homes for sale, they’re not selling at the same frenzied pace they were just a few years ago.

Since homes are taking more time to sell, some sellers are choosing to lower their asking prices to draw buyers back in or speed up the process. And that's to-be-expected. According to Realtor.com, 19.1% of listings had a price cut this May (see graph below):


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June Market Report

June 25, 2025
Luxury Market Report

New developer plans thousands of homes in fastest-growing D-FW county

June 20, 2025
Terra Nova: A $1.2 Billion Master-Planned Community Is Coming to Terrell, Texas A bold new vision is unfolding in Kaufman County — and it’s set to reshape the future of Terrell. Terra Nova, a master-planned community proposed by Plano-based Main Square Development, is slated to bring over 3,400 single-family homes, 1,200 apartments, and 261 attached fourplex units to more than 1,500 acres of land near Griffith Road and County Road 245. This marks the company’s first large-scale development — and one of the most ambitious residential projects announced in North Texas in recent years. 🏡 What to Expect from Terra Nova Home prices ranging from $400,000 to $1.2 million Lot sizes starting at 50 feet, averaging $110,000 per lot Over 332 acres of parks and open green space 47-acre mixed-use hub called Terra Nova Village 100 acres set aside for commercial development Terra Nova isn’t just about housing — it’s about creating a lifestyle. With planned investment in trails, public spaces, and road infrastructure, the development is designed to offer residents a modern, walkable community with access to both nature and amenities. 🌱 Designed for Growth According to Main Square president Hugo Morales, the total investment in the project will exceed $134 million — including $110 million in roads and trails and $24 million for parks and recreation. The phased construction will begin later this year, starting with over 200 homes along Griffith Road and critical roadwork. The full build-out may take up to 16 years, with an estimated assessed taxable value of $1.2 billion. As prices continue to climb in North D-FW suburbs like Frisco and Prosper, buyers are looking east — and Terrell is quickly becoming a hotspot. “There’s only so many million-dollar houses you can sell in D-FW,” Morales explained. “The sweet spot is $400,000 to $700,000 — and the north is just kind of running out of opportunities.” 📈 Why Terrell? Second-fastest-growing county in the U.S. (among counties over 20,000 residents) Population growth of 6% from 2023 to 2024 Strategic location with access to I-20 and Hwy 80 New schools, job opportunities, and lifestyle destinations on the horizon  🌟 A Catalyst for the Future With its scale and vision, Terra Nova is positioned to become the spark for even more development in the region — bringing not just homes, but a long-term boost to the local economy, infrastructure, and lifestyle offerings. Main Square Development also owns land in Cedar Hill and is eyeing Sherman as its next frontier. But it all starts here. “We think this project opens the door for Terrell to make that leap to a great community,” Morales said. 📍 Thinking of buying a new construction home in one of D-FW’s fastest-growing areas? Let’s talk! I can help you explore opportunities in Terra Nova and beyond — before the market heats up.
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