30-YR FIXED7.40%▬ 0.0015-YR FIXED6.71%▼ -0.0210-YR TREASURY5.10%▼ -0.0930-YR TREASURY5.43%▼ -0.095-YR TREASURY4.91%▼ -0.092-YR TREASURY4.77%▼ -0.05FED FUNDS4.00%▬ 0.00SOFR3.89%▲ +0.01DOW52,002▼ -175S&P 5007,659▼ -85Freddie Mac · U.S. Treasury · Federal Reserve via FRED®30-YR FIXED7.40%▬ 0.0015-YR FIXED6.71%▼ -0.0210-YR TREASURY5.10%▼ -0.0930-YR TREASURY5.43%▼ -0.095-YR TREASURY4.91%▼ -0.092-YR TREASURY4.77%▼ -0.05FED FUNDS4.00%▬ 0.00SOFR3.89%▲ +0.01DOW52,002▼ -175S&P 5007,659▼ -85Freddie Mac · U.S. Treasury · Federal Reserve via FRED®
Monday, October 19, 2026Bay Area Market: Coverage updated daily

Why Homebuyers Have More Negotiating Power Right Now

Homebuyers have something they haven’t had much of in recent years: leverage. There were nearly 58% more home sellers than buyers in August—the biggest gap in Redfin’s records. More homes are hitting the market, nearly 3 in 5 are selling below their original asking price, and buyers have more room to negotiate. In This Week…

Silicon Valley and Bay Area real estate
Curated News BriefBased on original reporting by Redfin News (September 11, 2026). The summary below is the Journal’s; the local analysis is original commentary by Omar Murillo.

Homebuyers have something they haven’t had much of in recent years: leverage. There were nearly 58% more home sellers than buyers in August—the biggest gap in Redfin’s records. More homes are hitting the market, nearly 3 in 5 are selling below their original asking price, and buyers have more room to negotiate. In This Week…

Local Markets Watching This Story

Bay Area

This is a Journal news brief. For how this story applies to your specific situation, talk with Omar Murillo.