Nearly Half of Homebuyers Get Concessions From Sellers as Most Markets Tip in Buyers' Favor
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SEATTLE, Sept. 18, 2026 /PRNewswire/ -- Home sellers gave concessions to buyers in 44.7% of U.S. home sales in August, up from 42.6% a year earlier and the highest share for that month since at least 2020. That's according to a new report from Redfin , the real estate brokerage powered by Rocket. The rise in concessions reflects today's buyer-friendly housing market: August was the strongest buyer's market in records dating back to 2013. With more homes for sale and fewer buyers competing for them, sellers are increasingly willing to cover closing costs, pay for repairs or offer other incentives to get deals across the finish line. "Buyers know they can be picky. They're asking for every concession under the sun," said Amanda Peterson, a Redfin Premier agent in Dallas. "That's especially true for newly built homes. Builders are offering $10,000 or $20,000 in concessions, buying down mortgage rates and throwing in appliances. I had clients walk away from a home they loved because the pantry was too small and they didn't like the laundry room - even after the sellers offered to alter the floor plan. There are so many homes for sale that buyers are holding out for one that checks every box." Sun Belt Sellers Are Sweetening the Deal: Roughly 70% of Atlanta, Charlotte and Phoenix Buyers Are Getting Concessions Eight of the 10 places where concessions are most common are in the...
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