Posts from January 2026
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2026 Real Estate Forecast
What can we expect for real estate in 2026? Most economists and real estate experts are calling for a positive 2026. The National Association of Realtors (NAR) recently reported pending home sales were up 3.3% from October to November of 2025. NAR also reported that pending home sales were up 2.6% from a year ago. This positive sign and the widely expected lowering of mortgage rates as well as increasing listing inventory point to a promising 2026 for real estate. From NAR Chief Economist Lawrence Yun; "Lower mortgage rates and larger inventory will attract buyers back to the market in 2026."
Realtor.com reported that mortgage rates are forecasted to average 6.3% in 2026. This will assist in affordability for buyers, but many people are hoping for a more significant decrease. Widely criticized for not lowering interest rates more, Federal Reserve Chairman Jerome Powell's term ends on May 15th, 2026. Most economists and lenders view a new chairman as a positive for...