If buying a house is your New Year’s resolution, you’re in luck: 2026 is poised to be an excellent year for the real estate market based on a report by Realtor.com. After several years of higher interest rates, tight inventory, and affordability challenges, the market is showing signs of balance that favor both buyers and sellers, especially those who are prepared.

For starters, buying a home in 2026 will be a little more affordable. The report predicts home prices will grow by 2.2 percent in the next 12 months, a much slower pace than the rapid appreciation seen in recent years. This moderate growth is welcome news for buyers who felt priced out and for sellers who still benefit from steady equity gains without dramatic market swings.

Another key improvement is affordability. Monthly payments are expected to be 29.3 percent of a homeowner’s median income. In fact, this is the first time the monthly payment has been below 30 percent since 2022. This shift signals a healthier market where homeownership is becoming more attainable, not just aspirational.

Additionally, buyers may experience less competition compared to peak years, creating more opportunities for negotiations, inspections, and thoughtful decision-making. Sellers, on the other hand, can still take advantage of strong demand, especially if their homes are priced correctly and well prepared.

Whether you’re considering buying your first home, moving up, or downsizing, 2026 offers a more balanced and predictable market. The key is having a clear plan, realistic expectations, and the right professional guidance to navigate the opportunities ahead. Give me a call at 310-488-2592 to start the discussion.

If homeownership is on your 2026 vision board, this may be the year to make it a reality.