Fannie Mae's Forecast for Rates and Housing Sales Through 2026: What It Means for You

The real estate market is evolving, and staying informed is crucial for both buyers and sellers. With the latest Fannie Mae forecast offering insights through 2026, now is the time to plan your strategy. As an A.I. Certified Agent™, I combine advanced technology and local expertise to guide you through these changes. Here’s what you need to know and how to navigate the market effectively.

1. Mortgage Rates Will Stay High Longer

The Forecast:

• 2024: Rates average at 6.6%.

• 2025: Slight decrease to 6.3%, remaining above 6% through 2026.

What This Means:

For buyers, higher rates will continue to impact affordability, keeping competition in check. Sellers should consider creative strategies, such as offering rate buydowns or closing cost credits, to attract qualified buyers.

2. Home Sales Are at Historic Lows

The Forecast:

• 2025: Sales are expected to remain near a 30-year low, with modest growth of 4%.

• 2026: Recovery anticipated with a 17% rebound as demand builds and affordability improves.

What This Means:

For sellers, fewer transactions mean that standing out in the market is critical. Competitive pricing and expert marketing can help you sell your home faster, even in a slower market.

3. Home Prices Will Increase Slowly

The Forecast:

• 2024: +5.2%

• 2025: +3.8%

• 2026: +3.6%

What This Means:

Buyers have more time to evaluate their options, but sellers should focus on realistic pricing and professional staging to attract serious buyers in a market with slower price growth.

4. Opportunities for Buyers

In markets with higher inventory, buyers can:

• Negotiate better deals.

• Explore financing options like FHA or VA loans.

• Consider rate buydowns to make monthly payments more affordable.

Tip: Work with an A.I. Certified Agent™ who uses cutting-edge technology and local expertise to uncover the best opportunities and negotiate smarter deals.

5. Opportunities for Sellers

Motivated buyers still exist, but attracting them requires a strategy:

• Price your home to reflect current market conditions.

• Use expert marketing to showcase your property effectively.

Tip: Partner with an A.I. Certified Agent™ to position your property strategically, attract the right buyers, and secure the highest possible return.

Advice for Buyers

• Be patient, but act decisively when you find a great deal.

• Partner with a trusted agent who uses technology and expertise to find the best opportunities and negotiate confidently.

Advice for Sellers

• Prepare your home to impress—professional staging, repairs, and upgrades can make a big difference.

• Set the right price to attract serious buyers quickly.

Why Work with an A.I. Certified Agent™?

As an A.I. Certified Agent™, I leverage technology and data-driven insights to give you an edge, whether you’re buying or selling. With my deep understanding of local markets and a commitment to delivering results, I ensure your real estate journey is both strategic and stress-free.

Ready to navigate the market with confidence? Let’s connect today and turn these market insights into actionable success.

By focusing on current trends and providing actionable advice, you can make informed decisions in a shifting real estate landscape. Contact me to start your journey!