There’s been a lot of noise in the real estate world lately.

Home prices…
Interest rates…
Rising inventory…
Builder incentives…

It’s no wonder so many people are asking:

“Should I wait? Should I move now? Or is the whole thing about to crash?”

If you’ve been wondering the same thing, this post is for you. We’re breaking down the latest national data, expert forecasts, and most importantly — what’s happening right here in Frisco, TX.

And spoiler alert: some of the local numbers may surprise you… especially when it comes to new construction and price reductions.

📽️ Watch the Full Video Update

Before we dive into the numbers, check out this month’s full video update below. I break everything down in just over 15 minutes — it’s a must-watch if you’re even thinking about buying or selling in Frisco:

Mortgage Rates: Holding Steady for Now

While the Fed has hinted at rate cuts, mortgage rates haven’t followed suit yet. This has left many would-be buyers stuck on the sidelines waiting for better affordability.

According to recent projections, rates are expected to trend downward into 2026, but slowly. That could change if inflation cools more quickly or if the Fed shifts its approach.

Home Prices: Cooling, but Not Crashing

A lot of headlines suggest that home prices are dropping, but the truth is more nuanced. Nationally, home prices are still growing year-over-year—just at a slower pace.

Most experts still project moderate home price appreciation over the next 12 months. We're not seeing a crash. In fact, the pace of price growth is normalizing after the volatility of the past few years.

Buyer Activity and a More Balanced Market

While inventory has ticked up slightly, buyer activity remains lower than usual, creating what feels like a more balanced market—but it’s still far from a buyer's market.

Some regions are seeing price declines, but most are still stable. The bottom line? There's no national crash underway.

Builders Are Offering Big Incentives

One of the key trends to watch is what's happening with new construction. Builders are slowing down on new starts and offering serious financing incentives to move existing inventory.

This creates unique opportunities for buyers who are looking to lock in a better deal before competition heats up again.

National Home Sales Outlook

We’re seeing fewer homes sold this year compared to 2024, which is partly due to the lock-in effect: many homeowners don’t want to give up their low mortgage rates.

That said, when rates eventually come down, expect a surge in buyer activity and less favorable conditions for negotiation.

What’s Happening in Frisco?

Let’s bring it home.

Here in Frisco, the market looks very different than it did a few months ago. The typical busy spring season never fully materialized, and that’s had a ripple effect. Inventory has built up, homes are taking longer to sell, and price reductions are becoming more common. But despite all that, prices remain relatively stable.

Frisco Sales Price Trends

In terms of closed sales prices, we’re seeing some fluctuation month to month—but nothing dramatic. Prices have leveled off compared to the rapid growth we saw in recent years. So far, there’s no evidence of a crash or major correction, just a more normal seasonal slowdown.

Median List Prices in Frisco

Like sold prices, list prices have also remained fairly stable. This is likely a reflection of sellers adjusting to market feedback and increased competition. It’s a sign that sellers are becoming more realistic—and more negotiable.

Frisco Housing Inventory

We’ve also seen a noticeable increase in inventory over the past few months. More homes are coming to market, and they’re sitting longer than they were this time last year. This shift is creating more opportunities for buyers, particularly those who were frustrated by bidding wars in previous years.

There are signs that inventory might have “peaked” for the year, which could mean fewer opportunities in the months ahead in terms of the deals we are currently seeing.

Price Reductions in Frisco

The biggest shift we’ve seen is in price reductions. That number has climbed sharply, meaning many sellers are adjusting their expectations to get their homes sold. While that doesn’t mean prices are crashing, it does give buyers more room to negotiate—especially on homes that have been sitting.

What This Means for You

If you’re thinking about buying, now could be one of the better windows we’ve seen in a while. There’s more inventory, less competition, and more motivated sellers and builders. That combination won’t last forever.

If you’re considering selling, pricing right from the start and having a strong marketing plan is more important than ever. Homes that are overpriced are sitting. Homes that show well and are positioned correctly? They’re still selling.

Want to Know What’s Happening in Your Neighborhood?

Even if you’re not in Frisco, I can provide the same type of market data for any city or zip code in the U.S. Just view my Frisco Market Report, then use the search feature to look up the data for any city/zip code in the country.

📅 Schedule a Free Consultation

Whether you’re buying, selling, or just trying to figure out your options, I’d love to help.

👉 Schedule a Call with Andrew

🎯 Final Thoughts

The market’s not crashing—but it’s not racing ahead either. If you’re waiting for a “perfect” time to buy or sell, you might be waiting a while. Instead, focus on what makes sense for your situation—and work with someone who can guide you through the options.

Current Frisco Homes For Sale