First-Time Homebuyers Face Tough Road in 2026
Update: 2025-12-30
Description
First-time homebuyers face a challenging 2026 market, with mortgage rates at 6% and home prices rising 4%. Affordability issues persist, with only 21% of homes sold to first-timers, the lowest since 1981. High living costs, including rent and student loan debt, make saving for a down payment difficult. However, rates may ease slightly to 6% on average, potentially boosting home sales. Despite this, home prices are unlikely to drop, and pent-up demand from millions in their thirties will drive transactions higher throughout 2026. Checkout Solipillow.com
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