Should I Sell My House Now?

Redfin News

by Jamie Forbes

February 23, 2026

AI-Generated Deep Dive Summary

Should I Sell My House Now? The decision to sell your home depends on several key factors currently shaping the real estate market. While mortgage rates have dropped to their lowest levels in four years, creating opportunities for buyers priced out of the market, the housing market remains a buyer’s favoring environment overall. With more sellers than buyers nationwide, competition is fierce, and sellers must be prepared to negotiate and offer flexible pricing to stay competitive. The real estate landscape varies significantly by region. In cities like Rochester and Milwaukee, where inventory is limited, sellers can still expect strong demand and potentially fast sales. However, in most Sun Belt areas, buyers have the upper hand due to increased supply and rising insurance costs tied to climate risks. This imbalance means sellers in these regions must be ready to adapt their strategies to appeal to a competitive market. Economic uncertainty also plays a role in the housing market. Concerns about inflation, tariffs, and immigration policies are keeping buyer activity low despite lower mortgage rates. While rates have recently dipped below 6%, affordability remains a challenge for many homebuyers. Experts predict continued volatility, with no significant improvement expected unless there’s a surge in homebuilding or a major economic shift. For those considering selling their home, it’s crucial to weigh these factors carefully. Selling now could allow you to capitalize on lower mortgage rates and avoid potential price fluctuations tied to economic downturns. However, buyers’ hesitancy due to high prices means sellers must remain flexible and competitive in negotiations. Consulting with a real estate agent can help navigate this complex market and determine the best timing for your situation.

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Originally published on Redfin News on 2/23/2026