Housing Affordability Looks Brighter in 2026

If the idea of buying a home felt out of reach in the last year or two, I have some good news: housing affordability is expected to improve in 2026 — and there’s data to back that up.

Experts across the real estate and mortgage industries are pointing to a positive shift for buyers this year. So, if you’ve been waiting for the right time to jump in, this could be it.

📉 Lower Mortgage Rates Are on the Horizon

One of the main reasons affordability is improving is the expected decline in mortgage rates. While rates spiked in 2023–2024, current economic conditions suggest we’ll see a gradual easing throughout 2026.

According to Freddie Mac, even a small dip in rates can have a big impact on your monthly payment and overall buying power — sometimes saving hundreds each month. See Freddie Mac’s rate trends here.

🏠 Home Price Growth Is Slowing

While home prices are still rising, they’re doing so at a more moderate pace, especially in Northern Virginia. That’s giving buyers a chance to re-enter the market without the same level of competition and bidding wars we saw just a couple years ago.

And remember — homeownership builds equity over time, which makes it a smart long-term investment, even if you’re not buying at rock-bottom prices.

🔑 Why This Matters for Northern VA Buyers

If you’ve been watching and waiting, 2026 could finally offer the right mix of opportunity and stability. As a local agent who’s helped buyers through shifting markets, I can tell you: this year is shaping up to be one of balanced opportunity.

💬 Let’s Make a Plan That Works for You

Thinking of buying? Let’s talk about where you stand now, what’s possible in 2026, and how to make your next move your smartest one yet.

📍 View active listings in Fairfax and beyond: My Listings
🔗 Learn more about today’s affordability trends: Read the full article on Simplifying the Market