09/28/2026
U.S. Housing Affordability Hits a Breaking Point
Housing affordability is truly being put to the test right now—a reality that’s hitting home for so many families and individuals dreaming of their own space. Early 2026 has brought a sluggish feel to the national housing market: existing home sales remain weak, new construction is steady, and more renters are choosing to stay put, while the pace of new move-ins has slowed.
The numbers say it all. Median prices for both new and existing homes have topped $400,000, and with mortgage rates holding above 6%, the cost of owning is still near historic highs. Since 2020, existing-home prices have reached nearly five times the median income. By late Q4 2025, a typical monthly payment for a median-priced home was projected to hover around $3,100—meaning buyers need an income of over $120,000 just to keep up.
Lower-cost housing options are shrinking fast: 7 million fewer rentals under $1,000 are available, and 11 million of the lowest-income renters are now vying for 3.8 million affordable units nationwide. On the policy side, federal, state, and local programs are working to boost supply—cutting red tape and offering more financing tools—but there’s still a long way to go to make homeownership attainable for more people.
After two decades helping folks in Fort Worth navigate these ups and downs, I know how overwhelming these stats can feel. But I also believe that with the right guidance, building a legacy through homeownership is still possible—even in a tough market. My job is to help you cut through the noise and find solutions that fit your life, whatever the numbers might say.
