These 4 States Are at the Center of a Housing Market Slowdown
By Moses Jeanfrancois, Inc. Magazine - July 20, 2026
My Inc. Feature: Watch the Interview
Lisa Harris shares expert perspective on Georgia's housing market with Inc. magazine.
The housing market looks to be facing new headwinds. A new report is showing that the "late spring buyer's rush" has slowed down significantly.
According to the National Association of Realtors' Pending Home Sales report, pending home sales in June decreased by 5.4 percent month-over-month and came in near flat at a 0.3 percent increase year-over-year.
According to Redfin data, pending sales rose 0.5 percent month-over-month and existing-home sales rose just 0.1 percent from May to June. The data still saw relatively healthy sales across the country, but noted major declines from four states: Nebraska, New York, Michigan, and Georgia.
Georgia saw a 2.6 percent decrease in home sales year-over-year.
"Affordability for Georgians has definitely hampered options, especially for first-time home buyers."
- Lisa Harris, Associate at REMAX Center in Braselton, Georgia
"Today's buyers are no longer emotional. They are mathematical."
- Lisa Harris
"Rates have ticked back up due to renewed macroeconomic and international frictions. So sellers must be overachievers... The market always rewards preparation and strategy."
- Lisa Harris
This article was originally published by Inc. Magazine on July 20, 2026. Read the full article at inc.com.
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