What Home Buyers and Sellers Need to Know in 2026

As 2026 unfolds, the housing market is shifting — and whether you’re thinking about selling your property or buying a home, there are a few key trends to understand before you take the next step. At Deerwood Bank, we believe the best home decisions start with clear information and a plan you can feel confident about. 

Mortgage Rates: The New Normal 

Mortgage rates are settling into a “new normal,” staying higher than the unusually low rates of past years. That can impact affordability, monthly payments, and buying power—so buyers may need to be more intentional with their budget. A quick conversation with a Deerwood Bank mortgage lender can help you understand your payment options and what loan fits your goals.

Home Prices and Inventory Trends: 

Home prices remain high in many areas, but there may be some encouraging news for buyers. Inventory is improving in certain markets, meaning there could be more listings and more choices than we’ve seen in recent years. For sellers, that also means it’s important to stand out. Homes that are priced appropriately and show well are more likely to attract serious buyers. If you’re buying and selling at the same time, planning your timing and financing early can make the whole process smoother — and our team can help you think through your next steps. 

Tips for Buyers: 

Get prequalified early. In a market where buyers are cautious and inventory varies by location, having prequalification gives you leverage and clarity on your budget. Talking with a Deerwood Bank mortgage lender can help you understand your options and feel confident before you start shopping. 

Act decisively. Many buyers are still hesitant due to costs — but if you find a home you can afford today with a mortgage that fits your budget, moving forward could be smarter than waiting indefinitely for rates to drop. 

Tips for Sellers: 

Price realistically. Setting the right list price from the start can attract more competitive offers. Overpricing may lead to longer time on the market and eventual price reductions. 

Be transparent in disclosures. Buyers today are more informed than ever. Providing clear information about your home’s condition and any recent repairs builds trust and helps streamline negotiations. 

A Balanced Outlook: 

The 2025 housing market isn’t all good news or bad news — it’s a mix. Buyers may have more options than they did in recent years, but affordability can still be a challenge. Sellers may still benefit from strong pricing in many areas, but strategy matters more than ever. 

No matter where you are in the process — buying your first home, upgrading, downsizing, or simply exploring your options — having a trusted team in your corner can make all the difference.  

If you’re thinking about buying or selling in 2025, connecting with a Deerwood Bank mortgage lender is a great place to start. We’re here to answer questions, help you understand your options, and support you with a plan that fits your goals.