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Category: Home Prices

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Expert Forecasts Point to Affordability Improving in 2026

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Forecasts, Home Prices, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates, Mortgage Rates.

Wondering what to expect from the housing market in 2026? You’re not the only one. For the past few years, affordability has been the biggest barrier standing between most people and their next move. And a lot of buyers and sellers have been holding their breath waiting for things to get better. The good news? It’s finally happening. In 2025, affordability was the best it’s been in 3 years. And experts agree the momentum will keep going in 2026. And that’s based on their analysis of the key factors shaping the housing market in the year ahead: mortgage rates, inventory, and home prices....

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Headlines Have You Worried about Your Home’s Value? Read This.

Written by Key Largo Mortgage Syndicated User on . Posted in Equity, For Sellers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates.

Hearing talk about home prices falling? That may leave you worried about whether your house is losing value. But here’s what you need to know. While some local markets have seen small price dips this year, home prices are not falling nationally. So, don’t let the headlines scare you. The vast majority of the country is actually seeing prices rise. While that may feel surprising after the headlines you’ve seen, the map below uses year-over-year data from the Federal Housing Finance Agency (FHFA) to make that clear: Let’s break down what this really shows. Most states are seeing prices rise...

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Why Your Home Equity Still Puts You Way Ahead

Written by Key Largo Mortgage Syndicated User on . Posted in Equity, For Sellers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates.

If you’ve seen headlines about home prices dropping, it’s easy to wonder what that means for the value of your home too. Here’s what you really need to know. Even with small price declines in some markets, data shows you’re likely still way ahead. And that’s thanks to your home equity. The Relationship Between Home Prices and Equity Home equity moves in sync with home prices. When prices rise, equity builds. When prices cool (even just slightly), equity growth does too. Here’s how that’s played out lately. After the record-setting home price surge of 2020 and 2021, a little cooling...

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The Reason Homes Feel Like They Cost So Much (It’s Not What You Think)

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates.

Scroll through your feed and you’ll see plenty of finger-pointing about why homes cost so much. And according to a national survey, a lot of people believe big investors are to blame. Even though data shows that’s not true, nearly half of Americans surveyed (48%) think investors are the top reason housing feels so expensive (see graph below): But that theory doesn’t actually hold up once you look at the data. The Truth About Investors Investors do play a role in the housing market, especially in certain areas. But they’re not buying up all the homes like so many people on social media...

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Is the Housing Market Going To Crash? Here’s What Experts Say

Written by Key Largo Mortgage Syndicated User on . Posted in Economy, For Buyers, For Sellers, Forecasts, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates.

If you’ve seen headlines or social posts calling for a housing crash, it’s easy to wonder if home values are about to take a hit. But here’s the simple truth. The data doesn’t point to a crash. It points to slow, continued growth. And sure, it’s going to vary by local area. Some markets will see prices rise more than others. And some may even see small, short-term declines. But the big picture is: home prices are expected to rise nationally, not fall, over the next 5 years. The Real Story Is in the Expert Forecasts In the Home Price Expectations Survey (HPES) from Fannie Mae, each quarter...

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2026 Housing Market Outlook

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Forecasts, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates, Mortgage Rates.

After a couple of years where the housing market felt stuck in neutral, 2026 may be the year things shift back into gear. Expert forecasts show more people are expected to move – and that could open the door for you to do the same. More Homes Will Sell With all of the affordability challenges at play over the past few years, many would-be movers pressed pause. But that pause button isn’t going to last forever. There are always people who need to move. And experts think more of them will start to act in 2026 (see graph below): What’s behind the change? Two key factors: mortgage rates and...

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Why Home Prices Aren’t Actually Flat

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates.

If you’ve been following real estate news lately, you’ve probably seen headlines saying home prices are flat. And at first glance, that sounds simple enough. But here’s the thing. The reality isn’t quite that straightforward. In most places, prices aren’t flat at all. What the Data Really Shows While we’ve definitely seen prices moderate from the rapid and unsustainable climb in 2020-2022, how much they’ve changed is going to be different everywhere. If you look at data from ResiClub and Zillow for the 50 largest metros, this becomes very clear. The real story is split right down the...

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What Buyers Say They Need Most (And How the Market’s Responding)

Written by Key Largo Mortgage Syndicated User on . Posted in Affordability, First-Time Buyers, For Buyers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates, Mortgage Rates.

A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see below): Here’s the good news. While the broader economy may still feel uncertain, there are signs the housing market is showing some changes in both of those areas. Let’s break it down so you know what you’re working with. Prices Are Moderating Over the past few years, home prices climbed fast, sometimes so fast it left many buyers feeling shut out. But...

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Why Buyers and Sellers Face Very Different Conditions Today

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Home Prices, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates.

There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you live. Curious what’s happening in your state? These 3 maps show how the split is playing out across the country. In each one: Darker Shades of Blue = Buyer friendly Lighter Shades of Blue = Seller strong Inventory Sets the Stage While the number of homes for sale has improved pretty much across the board, how much growth we’ve seen can look dramatically different based on where you live. And that impacts who has the leverage...

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Patience Won’t Sell Your House. Pricing Will.

Written by Key Largo Mortgage Syndicated User on . Posted in For Sellers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s why. Let’s be real. Homes are taking a week longer to sell than they did a year ago. According to Realtor.com: “Homes are also taking longer to sell. The typical home spent 60 days on the market in August, seven days longer than last year and now above pre-pandemic norms for the second consecutive month. This was the 17th straight month of year-over-year increases in time on market.” Part of that is because there are more homes on the market. So, with...

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