April 29, 2026
3 Things Not Happening in Today’s Housing Market
If you’ve been following housing headlines lately, it’s easy to feel uncertain. Between social media opinions and dramatic news stories, many buyers are wondering if now is the wrong time to make a move.
At Slater Realty Group, we believe in facts over fear. Here are three things that are not happening in today’s market.
1. Mortgage Rates Are Not Expected to Crash Lower Overnight
Many buyers are waiting for rates to suddenly drop. While rates have improved slightly from recent highs, most forecasts suggest they’ll likely remain in the low 6% range for now.
What that means:
- Waiting for a major drop may not pay off
- Rates today are still better than they were a year ago
- If the right home and payment make sense now, timing the market can cost more than help
2. There Are Not Too Many Homes for Sale
Yes, inventory has increased from last year — and that’s actually a positive for buyers. More options means less pressure and more room to negotiate.
The reality:
- Inventory is still below pre-pandemic “normal” levels nationally
- Many markets still have limited supply
- More homes for sale does not mean oversupply
This is a healthier market — not a flooded one.
3. Home Prices Are Not About to Crash
Some headlines focus on price cuts or slower markets, but that doesn’t equal a crash. In most areas, values are holding steady or rising modestly.
Why prices remain supported:
- Many homeowners are staying put because of low locked-in rates
- Housing supply is still tight in many areas
- Sellers often pull listings rather than slash prices
In short: prices are normalizing after several aggressive growth years — not collapsing.
Bottom Line
The market today is more balanced than it’s been in years. That creates opportunities for both buyers and sellers who understand the real picture.
If you’re wondering what this means specifically for Prior Lake and surrounding areas, Slater Realty Group is here to help with honest local guidance.
Source
Coldwell Banker Realty
