Fannie Mae forecasts 30-year mortgage rates falling to 5.7% by Q4 2026, down from ~6.0% in early 2026.
National Association of Realtors expects home sales to rise about 14% in 2026 as lower rates bring buyers back.
Single-family housing starts projected to drop 6.2% year-over-year through the first three quarters of 2026, limiting supply.
Construction expected to rebound 5.1% in 2027, but tight inventory in 2026 may keep competition elevated despite lower rates.
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First-Time Buyers Stay Flexible and Optimistic | Call or Text Me at +1 (305) 859-4733 to Discuss Your Financial Goals Today!
Many first-time buyers still plan to purchase, even with affordability pressure, by adjusting expectations around location, home size, and financing choices today. Flexibility is showing
June 24, 2026
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