If you’ve been keeping an eye on the housing market, you’ve probably noticed things are shifting — and for the better. After a few years of high prices, low inventory, and rising rates, signs are pointing toward a more balanced market. Here’s what you need to know.

1. Affordability Is Improving

Good news for buyers — affordability is finally getting some relief. According to First American, 39 of the top 50 markets are now becoming more affordable. That’s partly thanks to easing mortgage rates and moderating home prices. The average homebuyer now sees a $280 improvement in monthly affordability, which can make a big difference when it comes to qualifying for your next home.

2. More Sellers Are Adjusting Prices

If you’re shopping for a home, you might have more room to negotiate than before. Right now, 1 in 5 sellers are dropping their price to attract buyers. This shift shows that sellers are becoming more realistic and that buyers have a little more power in today’s market.

3. New Construction Is Opening More Options

With resale inventory still tight, many buyers are turning to new construction homes. Builders are offering more incentives — from rate buydowns to upgrades — to help close deals. Plus, new builds often come with energy-efficient features and modern layouts that appeal to today’s buyers.

4. A Look Ahead to 2026

Experts predict that the 2026 housing market could bring even more movement. As mortgage rates stabilize and more homeowners gain confidence to sell, activity is expected to pick up again. That means more listings, more choices, and potentially a more balanced market overall.

The Bottom Line

Whether you’re buying or selling, the market is changing — and opportunity is on the horizon. With improving affordability, price adjustments, and new homes hitting the market, now may be the right time to make your move.

Let’s connect to talk about what these trends mean for your local market and your next steps.