06/03/2026
IL MARKET UPDATE: A SELECTIVE MARKET, NOT A SLOW MARKET 📊🏡
April didn’t bring meaningful relief on mortgage rates 📉, but the market activity tells a more nuanced story.
Here’s what we’re seeing right now 👇
📊 MARKET SNAPSHOT:
🔹 Resale homes still outperformed last year 📈
🔹 Active listings are lower compared to last year 🏠⬇️
🔹 New home closings are down sharply 🏗️📉
So what does this actually mean? 🤔
It’s NOT a dead market.
a selective market. 🎯
BuyIt’s ers are still active — they’re writing offers ✍️
But they’re not rewarding every listing the same way anymore. 🚫🏠
And sellers are still getting results —
but only when they match today’s expectations. ⚖️
💡 WHAT’S REALLY CHANGING:
Buyers are being more intentional:
👀 Comparing more options
💰 Negotiating harder on overpriced homes
📍 Prioritizing location + value
🏡 Responding faster to well-positioned listings
Meanwhile, sellers can’t rely on timing alone anymore. ⏳
Presentation, pricing, and positioning matter more than ever. 🔑
🎯 THE REAL QUESTION THIS MONTH:
It’s not “Is the market moving?”
It’s:
👉 Is YOUR home, YOUR city, and YOUR price band where demand is actually showing up?
Because demand isn’t equal everywhere — it’s concentrated. 📍
Some segments are still strong 💪
Some are cooling off ❄️
And others are highly competitive depending on pricing and condition.
📩 Comment “SELECTIVE” and I’ll send you:
✔️ The 3 key questions to ask before making your next move
✔️ How to know if your segment is hot, balanced, or cooling
✔️ What buyers are prioritizing right now