Concessions News & Analysis

U.S. Housing Market: 47% More Sellers than Buyers in April 2026

In April 2026, the U.S. housing market saw 47% more sellers than buyers, based on data from Redfin. To attract buyers, sellers have begun offering concessions like the 2-1 buydown, temporarily reducing mortgage payments for the first two years of a loan. The example cited shows that a 2-1 buydown can lower interest rates significantly, with the first year at two percentage points below the note rate and one percentage point below in the second year. This strategy is employed as seller concessions, particularly in a highly competitive environment, with expectations of falling interest rates soon, indicating potential shifts in market dynamics.