As we roll into August, real estate activity typically takes a brief breather. Many families squeeze in one last escape from the Houston heat before shifting their focus to the new school year.

Historically, I’ve advised sellers that August isn’t always the ideal month to list a home. But this year may be different—30-year mortgage rates just dropped to their lowest level since April. This dip in rates could spark more buyer activity than we usually see this time of year.

In fact, I just listed a home in Cane Island last week, and it received multiple offers over the first weekend—something we didn’t see often at this point last year. This tells me the market is shifting, and buyers are ready to move when the right home appears on the market.

In July, Houston’s housing inventory reached a record 5.4 months of supply—the highest since 2016. That’s a clear advantage for buyers, offering more choices and stronger negotiating power.

So why is inventory climbing when many homeowners are sitting comfortably on mortgage rates below 4%?

The answer is motivation: many sellers are relocating for work or downsizing after selling larger homes for cash. With no financing needed, they’re purchasing smaller properties outright—keeping the market moving even in a higher-rate environment.

If interest rates continue edging closer to 6% as expected, we could be in for a surprisingly strong fall market. More buyers will be able to afford the homes they’ve been eyeing, and sellers may benefit from renewed energy in the market.

Bottom line: Whether you’re buying or selling, now is the time to get expert advice tailored to your situation. A professional agent can help you position your home to sell for top dollar—no matter what the market is doing.

by Sherry Campbell | Broker/Owner of Energy Realty