Expert Forecasts Point to Affordability Improving in 2026

If you’ve been waiting for the housing market to feel more affordable, you’re not alone. For years, high prices and high rates have made buying or selling feel out of reach for many people.

The good news? Things are finally improving.

In 2025, housing affordability reached its best level in three years, and experts say that progress should continue into 2026. Why? Because the three biggest factors—mortgage rates, inventory, and home prices—are moving in a healthier direction.

Mortgage Rates Are Lower (and More Stable)

Mortgage rates have already dropped nearly one full percentage point from their peak last year. That may not sound huge, but it makes a big difference in monthly payments.

What experts expect in 2026:

  • Rates are likely to stay in the low 6% range

  • Big drops aren’t expected, but major spikes aren’t either

What this means for you:

  • Buyers: Lower payments and more buying power

  • Sellers: Rates in the 6s are likely the new normal—and moving is still possible, especially if you have equity

More Homes Are Coming on the Market

Inventory improved by about 15% in 2025, giving buyers something they hadn’t had in years:

  • More choices

  • Time to decide

  • Room to negotiate

Experts at Realtor.com expect inventory to grow another 8.9% in 2026.

What this means for you:

  • Buyers: More options and better negotiating power

  • Sellers: Pricing your home correctly will matter more than ever

Home Prices Are Rising—But More Slowly

Prices aren’t crashing, despite what some headlines suggest. Instead, growth is slowing to a more sustainable pace.

What experts predict:

  • National home prices may rise about 1.6% in 2026

That’s good news—it means stability instead of wild swings.

⚠️ Keep in mind: local markets will vary. Some areas may see higher growth, while others may flatten or dip slightly. A local agent can give you the most accurate picture.

What this means for you:

  • Buyers: More predictability and easier budgeting

  • Sellers: Slower growth, but your equity remains protected

More Homes Will Sell in 2026

With better affordability, more inventory, and stable prices, experts expect more people to buy and sell homes this year.

As Zillow’s Chief Economist puts it:

Buyers get more options and affordability, while sellers benefit from steady demand and price stability.

Bottom Line

Affordability won’t improve overnight—but it is improving steadily.

In 2026, expect:

  • A more balanced market

  • More predictability

  • More breathing room for buyers and sellers

If you’ve been waiting for the right moment to make a move, this could be the opportunity you’ve been holding out for.

Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.

Jeremy Kilbourne

Jeremy is Arch Mortgage North’s Lead Loan Officer. Bringing experience, compassion and creativity to the mortgage lending process, Jeremy loves helping clients achieve their home ownership goals.

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