According to multiple major forecasters, 2026 is shaping up to be the most balanced housing market since 2019. Conditions may not be booming, but they will be healthy, steady, and more predictable than the volatility of the past few years.
Key takeaways for Buyers:
Mortgage rates are stabilizing in the 6.0-6.5% range. Affordability is improving. The typical mortgage payment share has dropped to less than 30% for the first time since 2022.
There is no big mortgage rate drop coming. Affordability gains will come from income growth and stablizing prices, not from rates dropping back to pandemic lows.
It is a good time to buy now to build wealth rather than wait for the unicorn of lower rates.
What does this mean for Sellers?
Choosing the right price for your house is paramount. Right pricing involves more than calculating dollars per square foot. The nuances of 2026 pricing can include what school district your home is located in, how far you are from the nearest freeway exit, and more.
To learn more about how to price your house, contact Katherine Vincent today.