Why 2026 Could Be a Turning Point for the Housing Market

 
If a move is on your radar for 2026, there is more working in your favor than there has been in quite some time.
 
After a long stretch where many homeowners and buyers felt stuck, the housing market is beginning to find its footing again. This does not mean the market is suddenly easy. It does mean the conditions are becoming more balanced, with more choices and fewer roadblocks for people who want to make a move.
 
That shift is showing up clearly in what economists are saying about the year ahead.
 

What the Experts Are Saying

Danielle Hale, Chief Economist at Realtor.com:
“After a challenging period for buyers, sellers and renters, 2026 should offer a welcome, if modest, step toward a healthier housing market.
 
The National Association of Realtors (NAR):
Top economists have one word to sum up the housing market for 2026: opportunity. Lower mortgage rates and a rising supply of homes are expected to open up the housing market . . . something the real estate industry and potential home buyers and sellers have been waiting for, following three years of stagnation.”
 
Mark Fleming, Chief Economist at First American:
“. . . for the first time in several years, the underlying forces are finally aligned toward gradual improvement. Mortgage rates may drift down only slowly, but income growth exceeding house price appreciation will provide a boost to house-buying power — even in a higher-rate world. Affordability won’t snap back overnight, but like a ship finally catching a steady tailwind, it’s now sailing in the right direction.
 
Mischa Fisher, Chief Economist at Zillow:
“Buyers are benefiting from more inventory and improved affordability, while sellers are seeing price stability and more consistent demand. Each group should have a bit more breathing room in 2026.

Why Local Insight Matters More Than Ever

While the national outlook is improving, the experience will still vary widely depending on location. Some markets will move faster. Others may remain more balanced or even flat. As Lisa Sturtevant, Chief Economist at Bright MLS, explains:
Market performance will hinge on local economic conditions, making 2026 one of the most geographically divided markets we’ve seen in years.”
That’s why understanding what’s happening in your specific area is key. The national trends set the stage, but local dynamics determine how they play out for you. And that's why you need an agent.
 

Bottom Line

If you want to talk through what’s expected for our local market and which trends you’ll want to take advantage of, let’s connect.

 


The information and opinions in this article are not investment advice. Tim Stice makes no guarantees about accuracy or completeness. Always do your own research and consult a professional before making financial decisions. Tim Stice is not liable for any loss or damage resulting from reliance on this content.

Tim Stice, Broker Realtor | Hawaii Life | Maui, Hawaii | Real Estate Agent

WORK WITH TIM

With a blend of local expertise and a deep understanding of the market, we are committed to providing exceptional service and delivering lasting value that will benefit your family for generations to come.

Let's Connect

Follow Us on Instagram